FHFA: Government to back mortgages up to $970,800 in 2022

Nov 30, 2021 |

The Federal Housing Finance Agency (FHFA) today announced the baseline conforming loan limit for 2022 will be $647,200, an increase of 18%. The federal government will now back mortgage loans of nearly $1 million, with the new ceiling loan limit for one-unit properties in most high-cost areas now $970,800 — or 150% of $647,200. Special […more]

Posted in: San Francisco

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