public:sotm:reading_2022
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public:sotm:reading_2022 [2023/06/29 05:03] – [2022-04-27] admin | public:sotm:reading_2022 [2024/03/12 06:13] (current) – [2022-11-30] admin | ||
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* The maximum size of home-mortgage loans eligible for backing by Fannie Mae and Freddie Mac will rise to \$1,089,300 next year in a few expensive markets, from \$970,800 this year | * The maximum size of home-mortgage loans eligible for backing by Fannie Mae and Freddie Mac will rise to \$1,089,300 next year in a few expensive markets, from \$970,800 this year | ||
- | * FHFA = the Federal Housing Finance Agency | + | |
- | * FHFA oversees mortgage-finance giants | + | |
* For most parts of the country, loan limits will rise to \$726,200 from a 2022 maximum of \$647,200 | * For most parts of the country, loan limits will rise to \$726,200 from a 2022 maximum of \$647,200 | ||
* By law, loan limits are calculated annually using a formula that factors in average housing prices. | * By law, loan limits are calculated annually using a formula that factors in average housing prices. |
public/sotm/reading_2022.txt · Last modified: 2024/03/12 06:13 by admin