2008-03-26thetruthaboutmortgage.com

``Interestingly, this is not the first time the OFHEO has kept the conforming limit unchanged despite a decline in home prices. In November 1993 and November 1994, the conforming loan limit remained constant at $203,150, despite declines in house prices of 2.96 percent in 1993 and 1.46 percent in 1994.'' -- Yet another way in which the stops have been pulled out and we're going full-bore bailout now.



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