2023 Conforming Loan Limit Tops $1M For High-Cost Areas
FHFA said the baseline conforming loan limit will increase 12% next year.
FHFA said the baseline conforming loan limit will increase 12% next year.
FHFA, S&P Case-Shiller indexes show slower monthly and annual growth in prices.
Costs could go up as much as 400% in some cases, according to NCRA.
The cap is set at $75 billion each for Fannie Mae & Freddie Mac.
Data released today for August 2022 show that home price gains decelerated across the United States.
FHFA, Ginnie Mae make news at association's annual conference.
Both the FHFA House Price Index and the S&P CoreLogic Case-Shiller Index reported declining housing prices nationwide.
The housing market is coming down off its high, transitioning from a seller's market into a buyers' market.