Conforming Loan Limits To Rise 69

Conforming Loan Limits To Rise 69

 A “conforming mortgage” is a home loan with a loan amount up to $484,350, which also fits underwriting guidelines set forth by Fannie Mae and Freddie Mac.

The maximum conforming loan amount that these programs can back will increase to $453,100 for the year of 2019 (up from $484,350 in 2018) the Federal Housing Finance Agency announced on November 27th.

For high-cost areas, the limits will rise to $726,525 from $679,650 during the same period.

You can easily determine your area’s limit by following this link:

NAR President John Smaby issued a statement applauding the government’s announcement: “Without this assurance that loan limits keep up with home price growth, borrowers across the country risk being pushed out of the market altogether as mortgage rates and rising home prices continue to hold back potential homebuyers.”

Is now the right time to buy? Give us a call today: The Stephanie Woods Team 928.237.4435


Stephanie Woods Headshot
Phone: 928-308-8565
Dated: December 12th 2018
Views: 231
About Stephanie: ...

Property Search

RSS Feed

View our latest blog posts in your RSS reader. Click here to access. RSS

Search Blog

Recent Blogs

4234 N Cholla Dr Just Reduce - You will love this charming and
Sheridan Fire Update - A Sheridan Fire community meeting
920 Black Drive Prescott AZ - Hey! Check out our newest
Community Development July 2019 - Check out this month’s community

Saved Properties

This is a list of your favorite properties. We will email you if a property is reduced or leaves the market.

Click 'Save' to add a property to this list.

Register / Login

New & returning visitors please enter your information to login.

By clicking 'register' you are agreeing to our terms of use & giving us expressed written consent to contact you.

Questions? Comments? Complaints?

This message will go directly to the head of our team.

Location & Address

Stephanie Woods
2825 N Glassford Hill, Ste B
Prescott Valley, AZ