Higher loan limits just made it easier to buy that first house in metro Phoenix

By Catherine Reagor | The Republic

Thanks to a little boost from mortgage lenders this month, 2018 could be the year all those Street Scout and Zillow couch surfers finally pull the trigger on their dream home.

Rising metro Phoenix home prices are making it harder for many buyers. But this month, government mortgage backers began offering a little extra help.

The Federal Housing Administration, Fannie Mae and Freddie Mac have raised the loan limits for mortgages.



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