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2020 Conforming Loan Limits for all the Counties in Georgia (GA)

Conforming (also called Conventional) loan limits for all Georgia (GA) counties went up for 2020 to $510,400. See below the list of all counties in Georgia with 2020 loan limits for 1, 2, 3, and 4 Unit properties. APPLING COUNTY  • 1 Unit – $510,400 • 2 Unit – $653,550 • 3 Unit – $789,950 • 4 Unit – $981,700 ATKINSON COUNTY  • 1 Unit – $510,400 • 2 Unit – $653,550 • 3 Unit – $789,950 • 4 Unit – $981,700 BACON COUNTY  • 1 Unit – $510,400 • 2 Unit – $653,550 •…continue reading →

Mortgage Rate Recap and Outlook for the Week Ending December 6, 2019

Fresh US-imposed tariffs will come into effect in China on 15th December. Both the economies may lock a small part of the deal before this date. As witnessed of late, bond markets are more reactive to the Trade War than any domestic news. If such a deal comes through, expectations around the reduction of tariffs will set the scene for negativity in the bond market. The mortgage market, then, can only be expected to be reactive. Mortgage Rates: rates offer a mixed bag This week’s Mortgage Banking Associations’ (MBA) weekly rate survey reveals a mixed performance across the…continue reading →

2020 Conforming Loan Limits for all the Counties in Florida (FL)

Conforming (also called Conventional) loan limits for all Florida (FL) counties went up for 2020 to $510,400. See below the list of all counties in Florida with 2020 loan limits for 1, 2, 3, and 4 Unit properties. ALACHUA COUNTY  • 1 Unit – $510,400 • 2 Unit – $653,550 • 3 Unit – $789,950 • 4 Unit – $981,700 BAKER COUNTY  • 1 Unit – $510,400 • 2 Unit – $653,550 • 3 Unit – $789,950 • 4 Unit – $981,700 BAY COUNTY  • 1 Unit – $510,400 • 2 Unit – $653,550 • 3…continue reading →

2020 Conforming Loan Limits for all the Counties in Connecticut (CT)

Conforming (also called Conventional) loan limits for all but one Connecticut (CT) counties went up for 2020 to $510,400. See below the list of all counties in Connecticut with 2020 loan limits for 1, 2, 3, and 4 Unit properties. FAIRFIELD COUNTY  • 1 Unit – $601,450 • 2 Unit – $769,950 • 3 Unit – $930,700 • 4 Unit – $1,156,650 HARTFORD COUNTY • 1 Unit – $510,400 • 2 Unit – $653,550 • 3 Unit – $789,950 • 4 Unit – $981,700 LITCHFIELD COUNTY • 1 Unit – $510,400 • 2 Unit –…continue reading →

2020 Conforming Loan Limits for all the Counties in Colorado (CO)

Conforming (also called Conventional) loan limits for most of Colorado (CO) counties went up for 2020 to $510,400. See below the list of all counties in Colorado with 2020 loan limits for 1, 2, 3, and 4 Unit properties. ADAMS 1 Unit – $575,0002 Unit – $736,1003 Unit – $889,8004 Unit – $1,105,800 ALAMOSA 1 Unit – $510,4002 Unit – $653,5503 Unit – $789,9504 Unit – $981,700 ARAPAHOE 1 Unit – $575,0002 Unit – $736,1003 Unit – $889,8004 Unit – $1,105,800 ARCHULETA 1 Unit – $510,4002 Unit – $653,5503 Unit – $789,9504 Unit…continue reading →

2020 Conforming Loan Limits for all the Counties in California (CA)

Conforming and High Balance loan limits for most California (CA) counties went up for 2020. Base conforming loan limit went up to $510,400 and the High Balance loan limit went up to $765,600. See below the list of all counties in California with 2020 loan limits for 1, 2, 3, and 4 Unit properties. Alameda County: 1 Unit – $765,6002 Unit -$980,3253 Unit -$1,184,9254 Unit – $1,472,550 Alpine County: 1 Unit – $510,4002 Unit – $653,5503 Unit –  $789,9504 Unit – $981,700 Amador County: 1 Unit – $510,4002 Unit – $653,5503 Unit – …continue reading →

2020 Conforming Loan Limits for all the Counties in Arizona (AZ)

Conforming (also called Conventional) loan limits for all Arizona (AZ) counties went up for 2020 to $510,400. See below the list of all counties in Arizona with 2020 loan limits for 1, 2, 3, and 4 Unit properties. Apache County: 1 Unit – $510,4002 Unit – $653,5503 Unit –  $789,9504 Unit – $981,700 Cochise County: 1 Unit – $510,4002 Unit – $653,5503 Unit –  $789,9504 Unit – $981,700 Coconino County: 1 Unit – $510,4002 Unit – $653,5503 Unit –  $789,9504 Unit – $981,700 Gila County 1 Unit – $510,4002 Unit – $653,5503 Unit…continue reading →

Existing Home Sale Report for the Month of October

Existing-home sales in the Midwest and the South have registered an uptick for the month of October, says the National Association of Realtors’s (NAR) housing stat. Sales in the North and the West, on the other hand, have suffered a decline. All four regions have, however, sold more homes compared to the numbers they sold a year ago. Total existing-home sales (single-family homes, townhomes, co-ops, and condos) have come up to 5.46 million in October, a rise from September’s 5.38 million (calculations based on seasonally adjusted annual rate). This marks an increase of…continue reading →

Mortgage Rate Recap and Outlook for the Week Ending November 29, 2019

Piggybacking on low mortgage rates, the refinance applications are on a rise. Refinance volume has pushed total mortgage volume up and it is nearly 150% above where it was, this week last year. The data, however, is not as reliable given that Thanksgiving fell a week earlier last year. To add, 30-Y fixed has come down by 1.15% over this one year period, boosting the present mortgage volume, and hence further skewing the Year-over-Year data. Be that as it may, there is certainly a cause for cheer. Mortgage Rates: rates decrease across the…continue reading →

2020 Conforming Loan Limits for 1,2,3, and 4-Unit Properties

The Federal Housing Finance Agency (FHFA) recently announced new and improved 2020 loan limits for Conforming and High balance mortgages. The maximum Conforming Loan Limit for 2020 for a majority of our country will be $510,400 (for one-Unit properties). This is an increase of 5.38% from $484,350 recorded in 2019. As a result of generally rising home values, the increase in the baseline loan limit, and the increase in the ceiling loan limit, the maximum conforming loan limit will be higher in 2020 in all but 43 counties or county-equivalents in the U.S.…continue reading →