Fannie Mae & Freddie Mac Loan Limits Will Remain The Same for 2015

Mortgage and Lending with George Souto NMLS #65149 FHA, CHFA, VA Mortgages NMLS #65149

The Federal Housing Finance Agency (FHFA) announced  this past Monday, November 24th that  Fannie Mae & Freddie Mac Loan Limits Will Remain The Same for 2015.  There were reports last year FHFA was going to reduce the maximum conforming loan limits for Fannie Mae and Freddie Mac.  FHFA received a lot of critizium from the Lending Industry and Congress once their intentions to reduce the conforming loan limit from $417,000 to $400,000 were made known.  As a result the Conforming Loan Limits stayed the same for 2014, and now will continue at the same level for 2015.

The present Conforming Loan Limit is $417,000, and has been the Conforming Loan Limit for single family properties since 2006.  Several attempts have been made in recent years, as was the case last year, to lower this limit.  But none have succeeded, and the Conforming Loan Limit has remained the same.  In 2008 The Housing & Economic Recovery Act (HERA) gave Fannie Mae and Freddie Mac the authority to set conforming loan limits, but required Fannie Mae and Freddie Mac to make annual adjustments to reflect annual changes in the national average of home prices. 

Lowering the Conforming Loan Limit would be a step backward in achieving a recovery, and present further barriers to an already troubled Housing Market.  Lowering the limit would restrict the ability to obtain financing on higher price homes which in turn would limit the sales of these homes.  The hope is for the Housing Market to rebound nationwide as it already has started to do in many parts of the Country. 

Below is the News Release by FHFA on Monday, November 24, 2014.



Even though the Fannie Mae & Freddie Mac Loan Limits Will Remain The Same for 2015, you may not be aware of what it is in your area or if you are in an area the Max Conventional Loan Limit is higher or lower than the standard $417,000.   Click This Link for the complete list of  Conforming Loan Limits. 




 Info about the author:

George Souto NMLS# 65149 is a Loan Originator who can assist you with all your #FHA, #CHFA, and #Conventional #mortgage needs in Connecticut. George resides in Middlesex County which includes #Middletown, #Middlefield, #Durham, #Cromwell, #Portland, #Higganum, #Haddam, #East Haddam, #Moodus, #Chester, #Deep River, and #Essex. George can be contacted at (860) 573-1308 or

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 Info about the author:

George Souto NMLS# 65149 is a Loan Originator who is licensed in #CT, #RI, #MA, #NH, & #FL and can assist you with all your #FHA, #Conventional, #VA, #USDA, and #State Bonded Progam #mortgage needs in #CT, #RI, #MA, #NH, & #FL. George resides in Middlesex County which includes #Middletown, #Old Saybrook, #Middlefield, #Durham, #Cromwell, #Portland, #Higganum, #Haddam, #East Haddam, #Moodus, #Chester, #Deep River, and #Essex. George can be contacted at (860) 573-1308 or


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  1. Debbie Reynolds 11/30/2014 01:00 PM
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Barbara Todaro
RE/MAX Executive Realty - Franklin, MA
Marketing Agent for The Todaro Team

Good morning, George Souto there's always good information coming from your blog.... I can always count on learning the latest here....

Nov 27, 2014 06:40 PM #1
Anita Clark
ColdwellBanker SSK Realtors ~ 478.960.8055 - Warner Robins, GA
Realtor - Homes for Sale in Warner Robins GA

George: Thanks for passing this information along...recovery is what we all want and it is good to hear the limits will not be lowered in 2015!

Nov 27, 2014 08:21 PM #2
Sally K. & David L. Hanson
EXP Realty 414-525-0563 - Brookfield, WI
WI Realtors - Luxury - Divorce

It isn't broken sooooo...that would mean applying common sense...sooo...

Nov 27, 2014 10:07 PM #3
Bill Roberts
Brooks and Dunphy Real Estate - Oceanside, CA
"Baby Boomer" Retirement Planner

Yes George, I am in a high-price area. But to roll limits back is really unfair when the government itself (and the Fed) is fueling the money supply causing price levels to rise.

Bill Roberts

Nov 27, 2014 11:42 PM #4
Joan Cox
House to Home, Inc. - Denver Real Estate - 720-231-6373 - Denver, CO
Denver Real Estate - Selling One Home at a Time

George Souto good news to share with the real estate community for this coming year!  

Nov 28, 2014 03:19 AM #5
Debbie Reynolds
Platinum Properties - Clarksville, TN
Your Dedicated Clarksville TN Real Estate Agent

This is good news. We need further healing in this industry and the constant changes make everyone uneasy.

Nov 28, 2014 07:05 AM #6
Larry Johnston
Broker, Friends & Neighbors Real Estate and Elkhart County Subdivisions, LLC - Elkhart, IN
Broker,Friends & Neighbors Real Estate, Elkhart,IN

Hi George, Keeping things the same for a while sure will keep buyers and sellers from panicking, which should give strength to the housing market.

Nov 28, 2014 12:47 PM #7
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