Conforming Loan Limit Increases to $647,200

High-Cost Areas increase to $970,800

As noted earlier, the relevant FHFA quarterly index increased 18.04% year-over-year.

Here is the official announcement from the FHFA: FHFA Announces Conforming Loan Limits for 2022

The Federal Housing Finance Agency (FHFA) today announced the conforming loan limits (CLLs) for mortgages to be acquired by Fannie Mae and Freddie Mac (the Enterprises) in 2022…