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Poll: How will lower FHA loan limits affect home sales?

FHA will restrict the loan limit for 650 upper-income counties on January 1st. The original $729,750 limit will be reduced to $625,000, preventing many from borrowing an FHA loan. Will home buyers compensate by borrowing a conventional loan or decide not to buy.
Results by voter:
Mortgage Professionals

Poll started 12:00AM Dec 9
Poll ended 12:00AM Dec 16

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