The Federal Housing Finance Agency has announced plans to raise the conforming loan limits for Fannie Mae and Freddie Mac to more than $510,000. In most of the U.S., the 2020 maximum conforming loan limit will rise to $510,400. This is a large jump from the 2019 level and marks the fourth consecutive year that the FHFA has increased the limit.

For more information about this change, click here.

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