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FHFA Loan Limit Increase

November 30, 2020

The Federal Housing Finance Agency (FHFA) announced it will increase the 2021 conforming loan limits for mortgages acquired by Fannie Mae and Freddie Mac to $548,250 on one-unit properties and a cap of $822,375 in high-cost areas, such as California. The previous loan limits were $510,400 and $765,600, respectively. Baseline limit The Housing and Economic […]

Filed Under: CVAR Connect, Government Affairs, National News Tagged With: #Cvarmember, conforming loan limit, cvarconnect, Fannie Mae, FHFA, Freddie Mac, HERA, Housing and Economic Recovery Act, loan limit

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