Conforming Loan Limits Rise in 2022
As the housing market continues to grow, so too will conforming loan limits in 2022.
Yesterday, the FHFA (Federal Housing Finance Agency) released the conforming loan limits for 2022. Not surprisingly, the conforming loan limits will rise as much as 18% in high cost areas. The new conforming loan limit for Los Angeles County will be $970,800 for single unit properties. Contact San Pedro Real Estate Company today and let's get you into your new home starting tomorrow!