Government Increases Mortgage Limits in Luxury Markets Amid Rising Home Prices

Government Increases Mortgage Limits in Luxury Markets Amid Rising Home Prices

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The escalating home prices in the United States have prompted the Federal Housing Finance Agency to raise the government-backed mortgage limits, a move that will notably impact high-cost areas such as San Diego and Breckenridge, Colorado. In 2024, the cap for government-backed mortgages in the…

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