New Conforming Loan Limit 2024. The federal housing finance agency (fhfa) increased the baseline conforming loan limit for mortgages backed by fannie mae and freddie mac to. Fhfa’s conforming loan limits for 2024 are $766,550 for the lower 48 and $1,149,825 for alaska and hawaii.

Nonconforming loans can be bigger but may. The federal housing finance agency (fhfa) has announced a $40,350 increase in the baseline conforming loan limit for mortgages backed by fannie mae and.