loan limit: FHFA: Mortgage Loan Limits Rise to over $510k - 11/26/19 10:33 AM
Today, the FHFA (Federal Housing Finance Agency) announced the new conforming loan limits for Fannie Mae and Freddie Mac. The result is similar to the past four years: they’re on the rise, reaching a limit of $510,400 for most of the states on the US. This is a big increase from 2019’s $484,350 loan limit, and it gives us a glimpse at how our economy is actually growing and how our home values keep changing, this time for the best.
 
The loan limit has been increasing for the past four years (by almost $100,000). This all started when the FHFA … (0 comments)