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US Raises Mortgage Limits in High-Cost Areas
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US Federal Housing Finance Agency raises mortgage limits for high-cost areas, including San Diego and Breckenridge, Colorado, to nearly $1.15 million in 2024.
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How might the increase in mortgage limits impact the housing market in San Diego and Breckenridge, Colorado?
In what ways could the changes in mortgage limits affect the stability of the US housing finance system?
What factors contribute to the tight inventory of homes in the US, leading to record-high home prices?
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