Higher Mortgage Loan Limits for 2019 December 24, 2018

As expected, the conforming loan limit for 2019 has increased thanks to an ongoing rise in property values, according to a news bulletin released by the Federal Housing Finance Agency (FHFA).

Beginning in 2019, the maximum loan amount for a one-unit property will be $484,350, a $31,250 increase from the current $453,100 limit.

Per the FHFA?s seasonally adjusted, expanded-data home price index (HPI), property values increased 6.9% between the third quarters of 2017 and 2018.

As a result, the conforming loan limit in 2019 will rise by the same percentage.

For reference, home prices rose by 6.8% in the same period a year earlier. So despite some negative press regarding the housing market recently, it?s still humming along just fine.