FHA Loan Limits Hurt Market?

At first blush most financially savvy individuals might think that putting a lower limit on government-backed mortgage loans would significantly hurt an already crippled housing market but that may not be true.  A new report reveals that the lower limits would only affect about five percent of those seeking a new home purchase loan -- even if they cut the loan limit in half.

Click here to read more about it in an article written by CNBC Realty Check's Diana Olick.