What Does the Increase in Conforming Loan Limits Mean for You?
Colorado Springs Real Estate Video Blog with Jason Daniels
English - January 04, 2019 18:42News real estate for sale agents top local find agent houses Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
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The Fed recently decided to raise conforming loan limits, and I’d like to share a few details of this exciting announcement with you today.
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Have you heard the news? Our nation’s conforming loan limits have recently increased. In El Paso County, the limit has risen to $484,350, and in Denver, the limit is now up to $561,200. This is an exciting development, especially given the recent trend of rising home prices. If you have any additional questions about these new limits, I would be happy to connect you with a local lender. The bottom line, though, is that buying a home just got more affordable.