applauds the FHFA for recognizing California's continuing home price increases over the last few years and raising maximum conforming loan limits,' said C.A.R. The previous loan limits were $424,100 and $636,150, respectively.
28, 2017 /PRNewswire-USNewswire/ - The CALIFORNIA ASSOCIATION OF REALTORS ® (C.A.R.) today issued the following statement in response to the Federal Housing Finance Agency's (FHFA) announcement to increase the 2018 conforming loan limits for mortgages acquired by Fannie Mae and Freddie Mac to $453,100 on one-unit properties and a cap of $679,650 in high-cost areas.