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Mortgage Advice, Real Estate Market Updates, and Home Buying Tips

2023 Conventional Loan Limits Are Now Available

Published:

November 30, 2022

On November 30, 2023, the Federal Housing Finance Agency (FHFA) unveiled the latest updates to the Conforming loan limits, which could have a significant impact on your homebuying journey. As of this announcement, prospective homebuyers now have the opportunity to access increased borrowing limits, reaching up to $726,200 in the majority of Massachusetts and Rhode Island counties. For those seeking homes in high cost areas, the loan limit extends to an impressive $1,089,300.