Emergency Call to Action: Preserve Access to Loans!

Emergency Call to Action: Preserve Access to Loans!

As you know, on September 30th, the cost of a mortgage could rise significantly. If this happens, many of your clients run the risk of being priced out of the American Dream of home ownership. NAR would like you to share your market expertise and professional opinions with Congress.  Time is very short! Bank of America has already lowered their loan limits for new loans, and others will follow suit. Early next week (This legislation can be debated on the Senate floor as early as Monday!)  the U.S. Senate will consider amending the Military Construction Appropriations bill to maintain the current loan limits for at least another year.

C.A.R. and NAR support this effort!

Please respond to this Call for Action NOW to urge your Senators to make the current mortgage loan limits for FHA and GSEs permanent through this amendment or possibly other means.

https://realtorparty.realtoractioncenter.com/site/Advocacy?cmd=display&page=UserAction&id=1653