Senate Mulls Conforming Loan Limit
Increased conforming loan limit would affect Kapolei real estate
Right now, the median Kapolei home value is right around $515,000. A proposal, part of the economic stimulus package announced by the House and the Bush Administration, would raise the conforming loan limit to $625,000 and the FHA loan limit to above $700,000.
Right now, the conforming loan limit in Kapolei real estate is already in line with the proposed amount. But raising the FHA limit (right now $544,185 in Kapolei) would be very helpful in Kapolei real estate, especially for first time homebuyers. The Senate is considering the package now.
For more on Kapolei real estate and the economic stimulus package, contact John Riggins.
Related Links
More on the Economic Stimulus Package
Tax rebate information
Browse homes in Kapolei
Kapolei Real Estate News and Community Information
Learn more about Kapolei
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