Back in 2016, the FHFA increased the conforming loan limits from $417,000 to $424,100. Then, the next year, the FHFA raised the loan limits from $424,100 to $453,100 for 2018. And in 2018, the FHFA increased the loan limit from $453,100 to $484,350 for 2019.
And now, loan limits will top $510,000. This is just within 4 years!
Will be interesting to see what high-balance limits increase to. Anyway, enough about mortgages...
Click the link af the bottom to check by county your loan limits.
http://www.housingwire.com/articles/fannie-mae-freddie-mac-loan-limit-increases-to-more-than-510000/
Or check the Fannie Mae website here:
http://www.fhfa.gov/mobile/Pages/public-affairs-detail.aspx?PageName=FHFA-Announces-Maximum-Conforming-Loan-Limits-for-2020.aspx
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