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Brenda Casas (Habla Espanol)

Bill Extending Temporary Jumbo Limit

Monday, July 18, 2011 - Article by: Brenda Casas (Habla Espanol) - Brenda Casas Mortgage Team - CityWide Home Loans - Message

A U.S. congressman from New York has introduced a bill that would allow the federal government to keep insuring mortgage loans of up to $729,750.

The temporary loan limit expires on October 1 and would revert to $625,500.

The legislation proposes to extend the limit until Oct. 1, 2013.

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