Fannie Mae Conforming Loan Limits 2024. What are conforming loan limits?. September 9, 2024, 7:08 am pdt.
In response to escalating home prices in 2023, the federal housing finance agency (fhfa) has announced a 5.5% increase to the baseline (conventional) conforming loan. If a mortgage falls within the conforming loan amount and meets other criteria, itโs eligible for purchase by fannie mae and freddie mac, which buy most of.
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