Increased Conventional Loan Limit to stay

The House Appropriations Committee approved a bill that will keep the increased conventional loan limit of $729,750 through September 2010. That is great news. We will not have to deal with the same hiccup of the limit dropping like it did at the beginning of the year (which lasted several months). Here’s a link to the article: http://mortgage.freedomblogging.com/2009/07/20/house-committee-votes-to-extend-home-loan-limits/14109/