New conforming loan limit amounts are on the way for 2014 – Puget Sound area will be impacted
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 moreĀ at the link aboveĀ from RIS Media on the expected impact overall for housing markets.