conforming loan limits 2013: Maximum Conforming Loan Limits Will Stay The Same For 2013
- 12/04/12 02:18 AM
The Federal Housing Finance Agency (FHFA) has announced that the Maximum Conforming Loan Limits Will Stay The Same For 2013. The present Conforming Loan Limit for most counties throughout the country is $417,000, but can be higher in counties that are considered high cost areas. Conforming Loan Limits mainly apply to Fannie Mae and Freddie Mac Mortgages, and the present limits have been in place since October of 2011. The FHFA estabishes the Conforming Loan Limits by calculating the Median Home Values in each State, by city, town, and county depending on the State. While some cities, towns, and counties have seen … (2 comments)
The Federal Housing Finance Agency (FHFA) has announced that the Maximum Conforming Loan Limits Will Stay The Same For 2013. The present Conforming Loan Limit for most counties throughout the country is $417,000, but can be higher in counties that are considered high cost areas. Conforming Loan Limits mainly apply to Fannie Mae and Freddie Mac Mortgages, and the present limits have been in place since October of 2011.
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