The Federal Housing Finance Agency’s 2022 cap for conforming loans, which are eligible for lower rates, is $647,200.
The moves came weeks before the Federal Housing Finance Agency’s November 30 announcement of 2023 rates for all lenders.
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MMG's Bodnar: We've Been Watching This Movie All Year Bill Bodnar of the Mortgage Market Guide breaks down the jobs report, why and how it came in above expectations, and what that means just days ahead of the Fed meeting.
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Rocket Mortgage, UWM Lift Conforming Loan Limits Early
First, Rocket Mortgage, and then, United Wholesale Mortgage, have each raised their conforming loan limits to $715,000. So reports the Los Angeles Daily News.
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