2022 GSE Conforming Loan Limits Rise 18.5% to $647,200
Conforming loan limits for Fannie Mae and Freddie Mac will rise to $647,200 jump in 2022, the Federal Housing Finance Agency said on Tuesday—a jump of nearly $100,000 from 2021’s previous record high.
MBA: 3Q IMB Production Profits Increase
Independent mortgage banks and mortgage subsidiaries of chartered banks reported a net gain of $2,594 on each loan they originated in the third quarter, up from $2,023 per loan in the second quarter, according to the Mortgage Bankers Association’s Quarterly Mortgage Bankers Performance Report.
