Fannie, Freddie Loan Limits Largely Unchanged in 2015
The
maximum conforming loan limits for mortgages Fannie Mae and Freddie Mac
purchase in 2015 will remain at current levels, the Federal Housing Finance
Agency said yesterday. That means the loan limit in most areas will be $417,000
for one-unit properties.
In high-cost areas, such as Los Angeles and Washington, D.C., the maximum will
remain at $625,500. Meanwhile, limits will rise in 46 counties that have
experienced rising home prices -- principally in the Baltimore, Boston, Denver,
Nashville and Seattle metro areas.
---ABA Daily Newsbytes
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