The conforming loan limit in most of Massachusetts has been increased from $465,750 to $523,750. However if you go over $417,000 there is 1 Point charge which can be paid upfront or built into your rate. This will make your rate rise about ½ Point but it is still much better than the normal jumbo rates. A mortgage broker/banker will give your more details.Also this link I found on Yahoo helps you determine what future tax breaks you can expect. Even individuals in high tax brackets earning over 200K/year can expect to save over 5K.
http://finance.yahoo.com/taxes/article/106626/Your-Share-of-Stimulus-Tax-Breaks
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