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From: John McCarthy	10/14/2009 10:03:37 PM
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doctorhousingbubble.com FHA Loans the Choice of Housing Comrades. How Government Backed Loans are creating Another Problem for the Housing Market. In some regions nearly 4 out of 10 home purchases came from these little money down loans. This isn’t some low priced region. This is high priced Southern California. And this brings us to another risk brought by these loans. The loan cap is now up to $729,750. Now why do you need such a high cap when the median home price across the U.S. is less than $200,000? . . . . . .

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