Thomas Schultheis: Santa Barbara Realtors Watching Out For Homebuyers
The Federal Housing Finance Agency has announced it is raising the conforming loan limits for Fannie Mae and Freddie Mac to $510,400 on one-unit properties and a cap of $765,600 in high-cost areas. The previous loan limits were $484,350 and $726,525, respectively. While this is great news for homebuyers in general, Santa Barbara County was…