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The 2024 Conforming Loan Limits

The FHFA announces the 2024 conforming loan limits. Understand what loan limits are, how they are decided, and how these updated amounts impact homebuying.

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What Are Conforming Loan Limits?

In November, the Federal Housing Finance Agency (FHFA) announces new conforming loan limits for the following year. Understanding these conforming loan limits is key to making informed real estate and home financing decisions.

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Conforming Loan Limits 2023

The Federal Housing Finance Agency (FHFA) raised conforming loan limits to $726,200 for one-unit homes in most areas of the U.S.

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