2017 Loan Limits to Increase. JUST ANNOUNCED!!

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Fannie Mae has just issued a confirmation the general and high-cost area loan limits.by the Federal Housing Finance Agency (FHFA).

The base loan limits have increased for the first time since 2006. This represents a 1.7% increase over the 2016 limit.

The new loan limit in most of the country will be $424,100 and all but 87 counties (or county equivalents) will see a loan limit increase.

 

- Sunil Sethi

SUNIL SETHI REAL ESTATE

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