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Compass Hawaii Offers New Conforming Limits!
Great news! The Federal Housing Finance Agency (FHFA) has announced that it is increasing the conforming and high-cost area limits for Fannie Mae and Freddie Mac in the majority of the U.S.
According to the FHFA's third quarter 2018 House Price Index report, home prices increased 6.9% on average between the third quarter of 2017 and 2018. With home prices on the rise, the new conforming loan limits are increasing for 2019, which is great news for borrowers.
Compass Hawaii will
honor the new loan limits immediately.
Below are the changes taking place:
Your county may offer different limits from the above.
to see the 2019 conforming loan limits for your county.
- By The Compass Hawaii Team, Jan 08, 2019
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