New year brings in the new Conforming Loan Limits for the U.S. Market. The Federal Housing Finance Agency announced today, the max origination balance for loans purchased through Fannie and Freddie during 2020 will go up to $510,400, an increase of 5.378%.
Bookmark this page for mortgage rates:
• 30-year (FRM) rates at 3.77% (+0.03%)
• 15-year (FRM) rates at 3.42% (+0.02%)
• FHA 30-year Fixed rates at 3.38% (+0.01%)
• Jumbo 30-year Fixed rates at 3.85% (+0.02%)
• 5/1 ARM rates at 3.45% (+0.03%)
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RBS Citizens
Clifton Park, NY