What is the current conforming loan limit?
Fannie Mae and Freddie Mac’s loan limits adjust every year in accordance with the results — as determined by Office of Federal Housing Enterprise Oversight (OFHEO) — of a national survey of average home prices. The conforming loan limits adjustments are based on the October-to-October changes in the average price of a one-family home, as published by the Federal Housing Finance Board (FHFB). See OFHEO page on conforming loan limits for more information. What is the OFHEO House Price Index (HPI)? See the House Price Index page for information on the House Price Index. How do I calculate the value of my home using OFHEO’s House Price Index? You can estimate the current value of your home using OFHEO’s HPI calculator. You can also use the downloadable HPI index data to estimate appreciation rates to then calculate your home’s estimated value.
Fannie Mae and Freddie Mac’s loan limits adjust every year in accordance with the results — as determined by Office of Federal Housing Enterprise Oversight (OFHEO) — of a national survey of average home prices. The conforming loan limits adjustments are based on the October-to-October changes in the average price of a one-family home, as published by the Federal Housing Finance Board (FHFB). See OFHEO page on conforming loan limits for more information.
