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Published: March 7, 2008
Higher FHA loan limit opens market
Oklahoma home buyers got a $70,900 lift Thursday when the federal government temporarily raised the limit on home loans backed by the Federal Housing Administration .
The aim: To help more people buy and refinance houses.
In Oklahoma, the limit went from $200,150 to $271,050. With the median-price home here costing less than $130,000, the increase opens a big segment of the housing market to borrowers who could...
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