Tag Archives: Conforming Loan Limits for FHA Loans Rise to $729

The conforming loan limit has been raised back to $729,950 from $625,500 for high-cost housing areas effective immediately for FHA loans that will be originated through 2013. The measure, which was approved by both the Senate and House of Representatives on November 17, 2011, was signed into law by President Obama the following day. However, the new law does not raise the loan limits for Fannie Mae or Freddie Mac-backed loans, which raised the concern of many House and Senate Republicans. Senator Bob Corker (R-Tenn.) said in an interview with […]