Tag Archive for: conforming loan limit

2024 Conforming Loan Limits Just Announced!

The Federal Housing Finance Agency (FHFA) has announced an $40,350 increase in the baseline conforming loan limit for mortgages backed by Fannie Mae and Freddie Mac to $766,550 in 2024. This represents a 5.5% increase from the 2023 conforming loan limit of $726,200.Read More

How To (& Why) Buy a $1.1MM Home With Only $39,000 Out of Pocket

Marketing Rate Buydowns: This is a quick reminder that we love to help listing agents market temporary interest rate buydowns with their listings. We are still seeing agents offer buydowns […]Read More

Conforming Loan Limit Up to $625,000? Jumping the Gun and Why It Matters

HIGHER CONFORMING LOAN LIMITS ANNOUNCED EVERY YEAR Every year, usually in late November, the Federal Housing Finance Agency (FHFA) announces the new conforming loan limits for every geographic area for […]Read More