November 29, 2022 Government & Community Affairs, Industry News
FHFA Announces 2023 Conforming Loan Limits
On Tuesday, the Federal Housing Finance Agency (FHFA) announced new conforming loan limits (CLLs) for mortgages to be acquired by Fannie Mae and Freddie Mac in 2023. On Cape Cod, the new FHFA mortgage loan limit will be $729,600, an increase of $79,700 from the previous limit of $647,200 in 2022.