Conforming Loan Limits In 2024
Malcolm MacGregor/Getty Images As home prices keep rising, a growing number of Americans are getting a crash course in conforming loan limits, the number that distinguishes the most common loan…
Impact of Interest Rates and Housing Affordability
The increase in rates equals an additional $15 billion in payments for homeowners every year As households renew in the coming years, they are expected to see an increase in…
Mortgage loan limit rises above $1.1M as home prices surge
Fannie Mae, Freddie Mac and FHA loan limits are increasing in synch with rising home prices. (iStock) The Federal Housing Finance Agency’s (FHFA) new conforming loan limits for 2024 mean homebuyers can…
FHA Loan Limits For 2024
FHA loan limits rise by over $26K FHA loan limits are increasing in 2024. The new baseline limit — which applies to most single-family homes — will be $498,257. That’s…
2024 conforming mortgage loan limit hits $766,550
The government-sponsored enterprises will buy mortgages next year at a $766,550 conforming loan limit, the Federal Housing Finance Agency announced. The threshold is up 5% from the current $726,200 limit…
Rentoza: Leveraging the agility of a fintech to radically scale a new business
In response to the 16 million South Africans unable to afford essential home and business equipment, along with those locked into inflexible contracts for outdated technology, Rentoza has created a…
Federal rent control ill-advised remedy to affordable housing crisis
In communities across the country, including here in Cincinnati, the issue of housing affordability is reaching a crisis point. Millions of Americans are struggling to find homes they can afford,…
Is portability the cure to the mortgage market’s woes?
The Federal Housing Finance Agency said it is not currently exploring the feasibility of portable mortgages, but the fringe idea — already present in Canada and the U.K. — is…
California approved $300 million in state-backed home loans. Who got the money?
California Democrats carved out the Dream for All money to help first-time buyers. The funds ran out after just 11 days with the average loan hitting $112,000. CALIFORNIA, USA —…
CREFC’s Annual D.C. Symposium Returns on November 28, 2023
Featuring Federal Housing Finance Agency Director Sandra L. Thompson NEW YORK, Nov. 20, 2023 /PRNewswire/ — The CRE Finance Council (CREFC), the trade association that exclusively represents the $5.9 trillion commercial…