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Posted On: 11/30/2017 5:39:51 PM
Post# of 1629
Loan Limits to Increase in 2018!!!
For the second year in a row, and the second time since 2006, the Federal Housing Finance Agency is increasing the conforming loan limits for Fannie and Freddie in 2018.
The FHFA on Tuesday, November 28, 2017, announced the maximum "conforming" loan size that can be sold to Fannie Mae and Freddie Mac in 2018 will be $453,100 for a single-family home in most parts of the country, a 6.8 percent increase from 2017's maximum loan size of $424,100. All but 71 counties (or county equivalents) will see a loan limit increase. The new limits are effective beginning January 1, 2018. Detailed information and updated resources, including the Loan Limit Look-Up Table, are available on Fannie Mae's Loan Limits Page.
For the second year in a row, and the second time since 2006, the Federal Housing Finance Agency is increasing the conforming loan limits for Fannie and Freddie in 2018.
The FHFA on Tuesday, November 28, 2017, announced the maximum "conforming" loan size that can be sold to Fannie Mae and Freddie Mac in 2018 will be $453,100 for a single-family home in most parts of the country, a 6.8 percent increase from 2017's maximum loan size of $424,100. All but 71 counties (or county equivalents) will see a loan limit increase. The new limits are effective beginning January 1, 2018. Detailed information and updated resources, including the Loan Limit Look-Up Table, are available on Fannie Mae's Loan Limits Page.
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I (Znewcar1) do not provide personal investment advice and I am not a qualified licensed investment advisor. I am an amateur investor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, or stock picks, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
I will not and cannot be held liable for any actions you take as a result of anything you read here.
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