Conventional Loan Limits 2024. The baseline conforming loan limit last year was pegged at $647,200, which represented a considerable leap from previous years, mirroring the surging house prices nationwide. โ conforming loan limits 2024.
The baseline conforming loan limit last year was pegged at $647,200, which represented a considerable leap from previous years, mirroring the surging house prices nationwide. Each year, the fhfa adjusts the conforming loan limits based on its third quarter house price index (hpi).