FHA Raises Loan Limits, help may be on the way to the Real Estate Market

The Fha loan limits have been raised. In Maricopa County they went from $270,000 to over $346,000. This should more people be able to buy more expensive properties. I think the next step is to raise conforming loan limits as well as allow people who have a good payment history to refinance even if they are upside down. President Obama seriously needs to take a look at this as well as bringing back some of the down payment assistance programs like Ameridream.