The Federal Reserve has increased the new loan limits for FHA and VA loans across the country. The FHA limit is determined on a county to county basis. In most parts of the country the loan limit is based off 65% of conforming loan limits. For example, if the conforming… read more →
Expected increase for conforming mortgage limits. The federal government is increasing the limit for conforming mortgages from $417,000 to $424,100 in most regions of the United States starting Jan. 1, 2017, the Federal Housing Finance Agency announced Wednesday—the first such increase since 2006. The approximately 1.7 percent bump in the… read more →