Current Conforming Loan Maximum Limits to Remain into 2011, Despite Falling Housing Prices
November 24, 2010
The days when the conforming loan limit moved in synchronization with housing prices nationally are long gone, as the Federal Housing Finance Agency announced late last week that the maximum limits for mortgages originated in the first nine months of 2011 will remain unchanged from current levels. Those limits are generally $417,000 but can be...