The federal government raised the conforming loan limit for mortgages on single-unit properties in high-cost areas to ...

The conforming loan limit determines the maximum a homebuyer can borrow and still qualify for a conventional loan.

As home prices rise, the FHFA tends to raise the standard CLL. The new limit for 2025 is $806,500 for one-unit mortgages in ...

This week the Federal Housing Finance Agency announced the upcoming conforming loan limits would increase to 806,500, a ...

The Federal Housing Finance Agency FHFA announced that starting next year homebuyers can secure government-guaranteed loans ...

The Federal Housing Finance Agency (FHFA) announced that starting next year, homebuyers can secure government-guaranteed ...

What first-time homebuyers need to know about the Florida housing market, including the best mortgage lenders and down ...

Fannie and Freddie don’t lend directly but buy mortgages from financial institutions, enabling lenders to offer more loans.

In 2023, the FHFA set a limit of $726,200 for a single-family home. Any home buyer seeking a mortgage above this amount will likely need to take out a jumbo loan. Conforming loans, by contrast ...

Standard requirements for a conventional loan include a 620 credit score, a 5% down payment, and a debt-to-income ratio of 45 ...

The FHFA sets the limit for conforming loans annually. In 2024, the conforming loan limit is $766,550 in most parts of the U.S. In areas with a higher cost of living, the limit goes up to a ...