FHA 2024 loan limits are headed up, chasing rising home prices

Annual home price appreciation of 5.5 percent pushes FHA loan limits up to a minimum of $498,257 in affordable markets, and to a ceiling of up to $1.72 million in high-cost states like Alaska and Hawaii. Continue reading

The million-dollar question: Do $1M Freddie Mac mortgages conflict with affordable housing mission?

Redwood Trust, which issues jumbo loans that are off limits to Fannie and Freddie, says costlier markets are better served by private lenders. Continue reading