Conforming Loan Limit for U.S. To Remain $417,000 In 2009; DIFFERENT LIMITS IN SOME AREAS

The Federal Housing Finance Agency (FHFA) today announced the conforming loan limit will remain $417,000 for 2009 for most areas in the U.S. but specified higher limits in certain cities and counties. The conforming loan limit is the maximum size of loans that Fannie Mae and Freddie Mac can purchase in 2009. Conforming Loan Limit for U.S. To Remain $417,000 In 2009; DIFFERENT LIMITS IN SOME AREAS