2024 Loan Limit Increase
To keep up with today's competitive housing market, the Federal Housing Finance Agency has announced an increase in the maximum conforming mortgage loan limits for 2024. The conforming loan limit is the maximum amount that can be guaranteed by Fannie Mae and Freddie Mac.
For 2024, the conforming loan limits for much of the country will increase from $726,200 to $766,550 for single-family homes and over a million dollars in high-cost locations.
This is great news for homebuyers.
Source: FHFA (Via Supreme Leading)
Memorial Day - Honoring and Remembering Our Heroes
