Loan Limits 2024
Loan Limits 2024. The federal housing finance agency (fhfa) publishes annual conforming loan limits that apply to all. Conforming loans are backed by fannie mae and freddie mac and canโt exceed fhfa loan limits ($766,550 in most areas).
The average personal loan interest rate was hovering around 11% in q2 2023. The new conforming loan limit for 2024 will reflect housing prices of q3 2023.