Fannie Mae Loan Limits 2024

Fannie Mae Loan Limits 2024. The new loan limit for most of the country will be $766,550, a 5.56 percent increase over the 2023 limit, and is effective for whole loans delivered to fannie mae. The federal housing finance agency (fhfa) establishes fannie mae's loan limits for 2024, defining the maximum conventional loans that fannie mae can acquire.

The federal housing finance agency (fhfa) increased the baseline conforming loan limit for mortgages backed by fannie mae and freddie mac to. The average interest rate, per the most current data available as of this writing, is 6.132%.