Best time to buy is now if your income is below 100K

This month congress voted to restore the $729,750 jumbo loan limit and return the maximum cap for FHA loans. The higher loan limits make homes more accessible to hard working families with the American dream. Read more…
That’s great news for middle-class borrowers whose income may be below $100,000 as the spouse leaves the work force to have children. Is there risk with a higher mortgage- sure there is just like there has always been. However if a borrower buyer doesn’t make an effort to improve their living situation they won’t have a home. You have to ask yourself are you the kind of person that sees the glass half empty or half full. Those who willing to work hard see it as half full – they are out getting more water!