Loan Limits in 2021?
Updated: Nov 23, 2020
The question is there, are we going to get increased conforming loan limits in 2021? A quick video with some info below unpacks this as we head into the new year.
Article: Conforming Loan Limit May Approach 540K in 2021
Why 6%? : The average increases of the Home Price Index (HPI) has gone up more than what we went up last year. They look at Q3. July and August numbers were better than Q3 of last year. We increased by 5.6% last year.