FHA Lending Limits Part of Economic Stimulus Package
Kapolei real estate could benefit from new FHA lending limits
Part of the economic stimulus package passed this past weekend (and likely soon to be signed into law by President Bush) includes a provision that temporarily increases FHA lending limits. In Kapolei real estate, that could make it easier for some to purchase homes.
The current limit is higher for Hawaii real estate than in many other parts of the country, but still leaves out some Kapolei real estate. Forbes reports that the new FHA lending limits raise the possibilities to more than $700,000. This could give a boost to the Kapolei real estate market.
For more on the economic stimulus package and Kapolei real estate, contact John Riggins.
Related Links
More on the Economic Stimulus Package
How will it affect Kapolei real estate?
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