FHA Multifamiliy Housing Loan Limits FHA loan limits for multifamily housing in 2022 have increased. The Federal Housing Administration announced that the 2022 multifamily loan purchase caps for Fannie Mae and Freddie Mac (the Enterprises) will be $78 billion for each -- a combined total of $156 billion to support the multifamily market. The 2022 caps, which increased from $70 billion for each[...]
The Federal Housing Administration (FHA) recently announced its 2021 loan limits. Due to a steady increase in median home prices across the country, the FHA increased annual loan limits by 7.42%. This will be shown in a floor increase from $331,760 to $356,362 for single-family home loans and a ceiling increase from $765,600 to $822,375. The 2021 national low-cost area mortgage[...]
The Federal Housing Administration (FHA) announced its 2018 loan limits in early December (12/7/17) in a move that recognizes the housing industry’s rising home prices. The new loan limits will allow more people who would not normally qualify for a loan to become home buyers. Nationally rising median home prices mean that home buyers in 3,000 counties will see increases[...]
In just a little more than a week, on October 1, 2011, the conforming loan limits for Fannie Mae, Freddie Mac and Federal Housing Administration (FHA) will be lowered. The disruption that would occur with the lowering of the current loan limits would further damage the already fragile housing market (not to mention our local Atlanta real estate market) and[...]
The Federal Housing Administration (FHA), the largest insurer of mortgages in the world, is changing the loan limit for Metro Atlanta real estate. Beginning on October 1, the FHA Loan Limit will be lowered from $346,250 to $320,850 on any contract accepted and assigned an FHA case number. This means that if you are looking to buy a home soon[...]
Barring Congressional action, Federal Housing Administration (FHA) loan limits will revert back to rates determined by the Housing and Economic Recovery Act for single-family housing. This will affect loans insured by the FHA on or after October 1, 2011 and could affect those searching for Atlanta real estate. The U.S. Department of Housing and Urban Development has stated that FHA[...]