Financial Update by Maurice Soussé

Happy Thanksgiving,
 
As we approach this joyous holiday, I am very thankful for the blessings I have been given. You are part of that. Thanksgiving is a day to give back to those less fortunate, and to remember those that protect and have sacrificed for our Freedom. As you spend time with family and loved ones, our hope is that you create lasting memories.
 
On the lending side of things, the rates are still holding great with some super news in regards to High Balance loans. The FHA limits have been restored to the 2008 numbers which helps all owner occupied borrowers obtain high balance FHA loans with a minimal 3.5% down payment. Remember, each county has their own limit, so call me for details. The limits were not raised on Fannie or Freddie loans.