Mortgage Loan Limits Rise in 2023
Loan limits for most mortgages are increasing in 2023. While updated FHA and VA loan limits won’t be in effect until after the new year, if you’re getting a conventional loan from Fannie Mae and Freddie Mac, you can take advantage of increased buying power now. We’ll go over what the new limits are and what this means for home buyers or those looking to refinance. Understanding The Loan Limit Changes There are three types of […]