Congress has extended the higher loan limits for conforming and FHA loans through 2010. This greatly helps home buyers in high cost areas, like California, where many buyers have had to turn to more expensive jumbo loans in the past.
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Higher Conforming and FHA Loan Limits Extended Through 2010 | High …
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This perception was reinforced when TARP was extended until October 3, 2010, thus permitting Treasury to maintain a war chest of potential rescue funding at the same time that banks that have shown questionable ability to return to profitability (and in some ..... Two, a majority of Irvine's housing stock falls within reach of the higher conforming limit. This enables future homedebtors to obtain the necessary subsidized loans to keep the façade up for the time being. ...