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FHFA announces conforming loan limits for 2020
The FHFA has announced the maximum conforming loan limits for mortgages to be acquired by Fannie Mae and Freddie Mac in 2020. In most of the U.S., the 2020 maximum conforming loan limit for one-unit properties will be $510,400, an increase from $484,350 in 2019. The FHFA also posted a list of the 2020 maximum loan limits for all counties and county-equivalent areas in the country.