7th Feb, 2008

Good news for high end buyers - did not go through.

Thursday, February 07, 2008
According to CNBC, Senate leaders are set to announce a deal on the Economic Stimulus Plan. As you know, the plan is said to contain a temporary increase in the jumbo loan limit (from $417,000 to $730,000).” This is great news for anyone who is currently in a jumbo mortgage who may be interested in refinancing or buyers looking for a new Rehoboth Beach Condo or Townhouse!

Forget all of this, none of it applies to our local market.

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