FHA to Drop Single-Family Loan Limit on Oct. 1

The Federal Housing Administration (FHA) announced this week that the insurance limit in the highest-cost areas of the country will be reduced starting on Oct. 1. Loan limits in most other parts of the nation will remain unchanged.

Congress Passes Legislation to Raise Debt Ceiling; Measure Headed to President Obama

After weeks of angst, Congress passes a bill to raise the nation’s debt ceiling and cut federal spending.