FHA: Loan limits won’t change in 2016

December 11, 2015

WASHINGTON – Dec. 10, 2015 – The Federal Housing Administration (FHA) announced the agency’s new schedule of loan limits for 2016. The loan limits impact case numbers assigned on or after Jan. 1, 2016, and remain in effect through the end of the year.

FHA made the announcement in Mortgagee Letter 2015-30: 2016 Nationwide Forward Mortgage Limits.

In 2016, FHA didn’t make any changes to the low-cost area and high-cost area limits for Title II forward mortgages, but some individual cities’ maximum FHA limits will increase based on changes in local home values. Nationwide, loan limits increased in 188 counties, with the amount of the increase ranging from $350 to $115,350. No jurisdictions will have decreased loan limits from 2015 levels.

To enable mortgagees to easily identify areas with loan limit increases, FHA published a separate list of counties’ loan limit increases. Key West buyers, for example, will have a maximum FHA loan limit for a one-unit dwelling of $529,000; buyers in Kissimmee will top out at $274,850.

A PDF list of individual cities’ FHA loan limits based on the number of units is posted online.

© 2015 Florida Realtors®

Now Snowing in Celebration

December 3, 2015

       Now Snowing in Celebration

  • Dates: December 03, 2015 to December 31, 2015
  • (Recurring daily)
  • Venue: Celebration Town Center
  • Visit Website

Now Snowing, Central Florida’s original and premier “Snowing” event, offers a schedule filled with surprises. Now Snowing is a month long Winter Wonderland Spectacular featuring an ice rink, strolling Charles Dickens Carolers, community performers, photos with Santa, horse drawn carriage rides, the Celebration Express train, and nightly snowfall at 6:00, 7:00,… more »

Christmas Bricktacular at LEGOLAND

December 3, 2015

      Christmas Bricktacular at LEGOLAND Florida

  • Dates: December 05, 2015 to December 20, 2015
  • (Every Sunday, Saturday)
  • Venue: LEGOLAND® Florida
  • Visit Website

Bring in the holiday season with a 30-foot tall LEGO Christmas tree made of 270,000 LEGO bricks, life-size LEGO Santa, reindeer and sleigh, festive decorations, LEGO build activity, a LEGO Santa Scavenger Hunt and holiday entertainment. LEGO Santa and LEGO Toy Soldier make daily appearances in the Park providing a perfect family photo opportunity. more »

Christmas at Gaylord Palms

December 3, 2015

       Christmas at Gaylord Palms

  • Dates: December 03, 2015 to January 03, 2016
  • (Recurring daily)
  • Times: 10 a.m. – 10 p.m.
  • Admission: Prices vary
  • Visit Website

Marvel at dozens of lavish holiday displays that include more than 2 million twinkling lights and acres of larger-than-life decorations. Enjoy heartwarming visits with Santa, Cirque Dreams UnWrapped Live Stage Show, ICE! featuring the classic poem ‘Twas the Night Before Christmas as well as Alpine Rush Snow Tubing, Breakfast with Mrs. Claus, Gingerbread Decorating Corner… more »