WBK Industry News - Federal Regulatory Developments

FHFA Increases Conforming Loan Limits for 2019

FHFA recently announced an increase of seven percent in conforming loan limits for mortgages to be acquired by Fannie Mae and Freddie Mac in 2019.  For most of the nation, the 2019 maximum conforming loan limit for one-unit properties will be $484,350.  This is an increase from $453,100 in 2018.

The new maximum loan limits for one-unit properties in most high-cost areas will be $726,525, or 150 percent of $484,350.

FHFA’s announcement is available here.