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Mortgage-Loan Limits Hit Buyers In High-Cost Housing Markets
You may like living on the coasts, but you pay for it every day. Homes are more expensive, and even if you can afford one it's harder to get a loan. That's the message from a new analysis by real-estate firm Trulia Inc. of loan limits -- the maximum loan size that can be sold to mortgage giants Freddie Mac and Fannie Mae -- in the nation's largest 100 metropolitan areas.
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