HUD notification

As of January 1st, 2009 the minimum down payment requirement for all buyers will be 3.5 percent increased from 3.0 percent. 

The new FHA loan limit for Maricopa County at year’s end will go down from $346,000 to $271,000.

Freddie Mac and Fannie Mae loan limits will still be at $417,000 for Maricopa County.

Related posts:

1. Increase in FHA loan limits for Maricopa
2. HR 3221, the Housing and Economic Recovery Act of 2008 National Association of REALTORS® Summary
3. First-Time Home Buyer Tax Credit
4. Do Agents try to get a Higher Price to get a Higher Commission?
5. Fannie Mae is going to move the REO faster