Month: March 2019

Increase in FHFA Conforming Loan Limits Gives Key West Home Buyers More Flexibility

In November 2018, the Federal Housing Finance Agency (FHFA) announced an increase in the maximum conforming loan limits for mortgages closing on or after January 1, 2019. Across most of the U.S., the baseline 2019 conforming loan limit for single unit properties will rise to $484,350 from $453,100 in 2018.   What is a conforming loan? Fannie Mae […]