Conforming loan

California REALTORS® applaud FHFA for raising Fannie Mae and Freddie Mac conforming loan limits

Retrieved on: 
Tuesday, November 24, 2020

today issued the following statement in response to the Federal Housing Finance Agency's (FHFA) announcement to increase the 2021 conforming loan limits for mortgages acquired by Fannie Mae and Freddie Mac to $548,250 on one-unit properties and a cap of $822,375 in high-cost areas.

Key Points: 
  • today issued the following statement in response to the Federal Housing Finance Agency's (FHFA) announcement to increase the 2021 conforming loan limits for mortgages acquired by Fannie Mae and Freddie Mac to $548,250 on one-unit properties and a cap of $822,375 in high-cost areas.
  • "Increasing the existing Fannie Mae and Freddie Mac conforming loan limits will greatly benefit higher-priced areas of the state and provide stability and certainty to the housing market."
  • and the NATIONAL ASSOCIATION OF REALTORS (NAR) both have long advocated for making higher conforming loan limits permanent.
  • The conforming loan limit determines the maximum size of a mortgage that government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac can buy or "guarantee."

California REALTORS® applaud FHFA for raising Fannie Mae and Freddie Mac conforming loan limits

Retrieved on: 
Tuesday, November 26, 2019

today issued the following statement in response to the Federal Housing Finance Agency's (FHFA) announcement to increase the 2020 conforming loan limits for mortgages acquired by Fannie Mae and Freddie Mac to $510,400 on one-unit properties and a cap of $765,600 in high-cost areas.

Key Points: 
  • today issued the following statement in response to the Federal Housing Finance Agency's (FHFA) announcement to increase the 2020 conforming loan limits for mortgages acquired by Fannie Mae and Freddie Mac to $510,400 on one-unit properties and a cap of $765,600 in high-cost areas.
  • commends the FHFA for increasing the 2020 loan limits for loans insured by Fannie Mae and Freddie Mac.
  • and the NATIONAL ASSOCIATION OF REALTORS (NAR) both have long advocated for higher conforming loan limits.
  • The conforming loan limit determines the maximum size of a mortgage that government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac can buy or "guarantee."

Realtors® Pleased to see FHFA Raise its 2019 National Loan Limits

Retrieved on: 
Tuesday, November 27, 2018

WASHINGTON, Nov. 27, 2018 /PRNewswire/ --This morning, the Federal Housing Finance Agency announced it will raise the national conforming loan limit for 2019 by 6.9 percent from $453,100 to $484,350.

Key Points: 
  • WASHINGTON, Nov. 27, 2018 /PRNewswire/ --This morning, the Federal Housing Finance Agency announced it will raise the national conforming loan limit for 2019 by 6.9 percent from $453,100 to $484,350.
  • As a result, loan limits will be higher in all but 47 counties or county equivalents across the country beginning on January 1.
  • "The National Association of Realtors is pleased to see the Federal Housing Finance Agency raise its national conforming loan limits for 2019.
  • Visit this link to view for the new limit in your county:
    Each year, the FHFA updates the national and high-cost limits based on the FHFA's national price index.

California REALTORS® applaud FHFA for raising Fannie Mae and Freddie Mac conforming loan limits

Retrieved on: 
Tuesday, November 27, 2018

today issued the following statement in response to the Federal Housing Finance Agency's (FHFA) announcement to increase the 2019 conforming loan limits for mortgages acquired by Fannie Mae and Freddie Mac to $484,350 on one-unit properties and a cap of $726,525 in high-cost areas.

Key Points: 
  • today issued the following statement in response to the Federal Housing Finance Agency's (FHFA) announcement to increase the 2019 conforming loan limits for mortgages acquired by Fannie Mae and Freddie Mac to $484,350 on one-unit properties and a cap of $726,525 in high-cost areas.
  • "Increasing the existing Fannie Mae and Freddie Mac conforming loan limits will greatly benefit higher-priced areas of the state and provide stability and certainty to the housing market."
  • and the NATIONAL ASSOCIATION OF REALTORS (NAR) both have long advocated for making higher conforming loan limits permanent.
  • The conforming loan limit determines the maximum size of a mortgage that government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac can buy or "guarantee."