Lower Limits Could Affect Markets – RIS Media
With conforming loan limits being reduced and the new QM rules being put in place, 2014 looks like it will be a much more mellow year for home sales in Puget Sound (Seattle, Bellevue, Everett) areas as home buyers will need to buckle down and save more for down payments. Read a bit more at the link above from RIS Media on the expected impact overall for housing markets.
