The Federal Housing Finance Agency (FHFA) has increased the conforming loan limit for 2019. After not increasing from 2006-2016, this will mark the third year in a row that the limit has increased.
The loan limit will rise from the 2018 total of $453,100 to a new total of $484,350. This 6.9% increase will take effect in most of the United States, with some exclusions. For more information, click here.
Tags: Mortgage News