conforming loan limits Archive

Conforming Loan Limits

The October 1st decline in the conforming and FHA loan limits reduced the size of loans that the FHA as well as Fannie Mae and Freddie Mac can finance. This change was made in an attempt to stimulate the...

New Loan Limits Impact The Middle Class

To attain a better understanding of the borrowers impacted by the reduction of the conforming loan limits in high cost areas, NAR Researched looked at FHA purchase originations data reported for the portion of 2011 prior to the change...

Sales Above the New Loan Limits

To better understand how the change in loan limits would impact local markets, NAR Research looked at FHA purchase loans originated between January 1, 2011 and September 30, 2011 (the last day prior to the new limits). Of the...

Impact of New Conforming Loan Limits on Home Sellers

Many consumers have recently faced higher rates or have been forced to put down larger downpayments due to a change to the way loans are classified. The maximum size of a loan that can be financed by the FHA  was...

Abandoning the Home Sale

Many consumers have recently faced higher rates or have been forced to put down larger downpayments due to a change to the way loans are classified. The maximum size of a loan that can be financed by the FHA  was...