Please Help us Congress

Borrowers are finding it more difficult to lock in interest rates on jumbo mortgages as Fannie Mae and Freddie Mac's maximum loan amounts are set to decline on Jan 1, 2010. The higher limits are key of the economic recovery efforts because it helped make affordable loans available for a mortgage. It will roll back to a temporary increase of $729,750 to $625,500 in markets if Congress doesn't permanently raise the limits.

In most of the country the loan limits are $417,000 and as high as $729,750 in the most expensive real estate markets...it has helped many especially here in Northern VA. Even though the temporary limits do not expire until the end of this year, obtaining financing is already becoming more difficult and more expensive. So Congress will you please help us help us?