Reduction in Loan Limits Will Hurt Massachusetts Real Estate Market

Upcoming loan limit changes will have a severe negative impact on Massachusetts home prices, warn John McGeough and Anthony Lamacchia of McGeough Lamacchia Realty. Waltham, MA (PRWEB) September 27, 2011 (PRWEB) September 27, 2011 Unless Congress grants an extension, as of September 30th limits on loans backed by the Federal Housing Administration (FHA) and government-backed housing lenders Fannie Mae and Freddie Mac, will decrease. Massachusetts Realtors John McGeough and Anthony Lamacchia, owners of McGeough Lamacchia Realty in Waltham, are concerned loan limit changes would affect coun
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