The maximum conforming loan limits will remain the same for mortgages acquired by Fannie Mae and Freddie Mac, the firms' conservator said Thursday.
The Federal Housing Finance Agency said the maximum loan limit for one-unit properties will remain at $417,000, but can still run as high as $625,500 when the property resides in one of the designated high-cost areas.
Note: the maximum for FHA loans through the end of 2013 is $729,750 in the nation's most expensive neighborhoods.
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