Conforming loan limits: Flat is phat

Good piece by Dan Green at the Mortgage Reports about Fannie/Freddie conforming loan limits (those are the largest mortgages they will insure).

First, check out the chart:

Conforming-Loan-Limits-1980-2012

As Green points out, 2012 conforming loan limits are the same as the last six years. That’s a good thing, because home prices are much lower now than they’ve been, meaning more home buyers’ loans are conforming — fewer are too big for the likes of F&F.

Green does a better job of explaining; click here to read what he has to say.

About Andrew Kantor

Andrew is VAR's editor and information manager, and -- lessee now -- a former reporter for the Roanoke Times, former technology columnist for USA Today, and a former magazine editor for a bunch of places. He hails from New York with stops in Connecticut, New Jersey, Cincinnati, Columbus, and Roanoke.
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