Residential Products Online content is now on probuilder.com! Same great products coverage, now all in one place!

Affordability

Fannie and Freddie to Raise Loan Limits in 29 Costly Counties

Affected counties can be found from Washington to Massachusetts

November 30, 2015

Buyers in expensive areas such as Colorado’s Denver and Boulder counties can borrow more money from Fannie Mae- and Freddie Mac-conforming loans, Realtor.com reports.

This means borrowers can get beyond the $417,000 limit mandated by The Housing and Economic Recovery Act of 2008. Counties that will receive a limit raise are clustered in the Denver, Boston, Nashville, and Seattle metro areas.

Many California counties also get a boost. These counties are Sonoma, Napa, Monterey, and San Diego.

PB Topical Ref

Affordability

Financing

Government + Policy

Housing stimulus* UNPUBLISHED

Market Data + Trends

features