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Linda Bell When Philip Weiss, a systems engineer in New Jersey, saw the rustic house on a four-acre lot in the Poconos, it was love at first sight. He was preapproved for a mortgage, placed an offer on the home and the seller accepted. Nearly one month later, the unexpected happened. Weiss says despite having […]

FHA Announces New Single-Family Loan Limits

This Week in Washington Monday, December 7, 2020 The Federal Housing Administration (FHA) has announced the agency’s new schedule of loan limits for calendar year 2021 for its Single-Family Title II forward and Home Equity Conversion Mortgage (HECM) insurance programs. Loan limits for most of the country will increase in the coming year resulting from […]