The Federal Housing Finance Agency “FHFA” announced that conforming loan limits are increasing for 2019. For most areas the limit on single family homes will increase from $453,100 to $484,350. In high-cost areas the limit will increase to $726,525.
With the rising prices of homes this increase is great news for those on the fence of either needing to put a larger down payment on a home or go with a jumbo loan.