Raising Conforming loan limit

[lnc]

Raising Conforming Loan Limits Could Increase Origination Volumes
http://www.bkfs.com/CorporateInformation/NewsRoom/Pages/20161107.aspx

The Housing and Economic Recovery Act (HERA) of 2008 restricted any additional increases in the conforming loan limit until national home values returned to pre-crisis levels. Now that we’ve reached that point by multiple measures, the GSEs can consider raising the national conforming limit above the static $417,000 where it has stayed for the last 10 years – aside from the 234 designated ‘high-cost’ counties, of course.

 

[daedalus]

We want to make sure we're solidly back in a housing bubble before we throw some gas on the fire.