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VA Loan Limits for 2011

On February 10, 2011 By

VA loan limits for 2011 have been published. As in 2010, most counties have a VA loan limit of $417,000. But, in some higher-cost counties the loan limits for VA mortgages are more than $417,000, reflecting values in those unique real estate markets. …one can expect the VA loan limit to remain at $417,000 in […]

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Rates are moving up, breaking through relative long-term averages. If you are considering refinancing…and have waited for the bottom this could well be the TOP of the recent bottom. All indications are that interest rates on mortgages will continue to go up in the foreseeable future. I would imagine that this will also tend to loosen borrower requirements. It just stands to reason that as there are less motivating factors to create a new loan, it will become easier to get a new loan. They have to make loans to stay in business….Louis

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