Tuesday, January 11, 2022 / by Leigh McPherson
News from our Lender Partner
Happy January!!!! I wanted to make sure you all had the updated conforming limits for 2022!! The max conforming limit is now $647,200 (flyer attached) and FHA has gone up to $420,680!!
Also, both agencies – Fannie and Freddie put out a letter stating that starting in April there will be an adjustment to second home interest rates. They are adding on what they call loan level price adjustments so rates will be going up on second homes.
Looking forward to a fantastic 2022!!!