FHFA Announces Increase to Conforming Loan Limit Values for 2024

The Federal Housing Finance Agency raised the conforming loan limit values for mortgages to be acquired by Fannie Mae and Freddie Mac for one-unit properties to $766,550 in 2024, an increase of $40,350 from 2023.

August Indexes Show Price Gains

The Federal Housing Finance Agency released its price index for August, showing a 0.6% month-to-month gain and a 5.6% annual gain in U.S. house prices.

FHFA: Home Prices up 0.8% in July

The Federal Housing Finance Agency’s House Price Index indicated prices rose 0.8% in July from June and 4.6% year-over-year.