Due to the rise in home values during this period, the FHFA has announced an increase in the maximum baseline conforming loan limits for mortgages acquired by Fannie Mae and Freddie Mac for 2025. Each year, the U.S. Department of Housing and Urban Development (HUD) Federal Housing Administration (FHA) updates its annual loan limits. These […]
Homebuyers gain some purchasing power through higher loan limits and lower mortgage rates
In response to the in property values, the FHFA has declared an increase in the maximum baseline conforming loan limits for Fannie Mae and Freddie Mac-acquired mortgages for home loans in Colorado for the year 2024. As we enter 2024, prospective homebuyers are facing challenges including relatively stable housing prices and an ongoing shortage of […]
Home Mortgage Loan Limits – Recent Changes!
Duane Duggan, with the Boulder Property Network at RE/MAX of Boulder, interviews Jessica Shanahan from Premier Lending about loan limits and the rule changes we are facing today. Who are these loan limits set by? Has Boulder County’s loan limit increased or decreased since last year? How have the surrounding counties changed in comparison to […]