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Home loan caps could go away for veterans

Mar 01, 2016
The House recently passed a bill that would eliminate loan caps for VA loans, and it now waits for action from the Senate. Right now, VA loans are capped based on market area, making it hard for veterans to buy a home that costs more than $417,000. The National Association of REALTORS (NAR) played a role in getting the House to pass the bill, called the “Veterans Employment, Education and Healthcare Improvement Act.”
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Empire State housing market stays hot in January

New York State home sales remained strong to start the new year with 8,698 closed sales, falling just shy of the 2017 record for January, according to the annual housing market report released by the New York State Association of REALTORS. The January statewide median sales price of $266,000 represented an increase of 8.4 percent from a year ago. Click here to read more.