Freddie Mac, Fannie Mae backing bigger home loans in 2025
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The Federal Housing Finance Agency announced that the conforming loan limit for mortgages backed by Freddie Mac and Fannie Mae will increase by 5.2% in 2025, exceeding $800,000.
November 27, 2024 | 3:30 am
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Freddie Mac will see an increase in the conforming loan limit for mortgages it backs, rising by 5.2% in 2025 to over $800,000.
The increase in the conforming loan limit allows Freddie Mac to back larger mortgages, potentially increasing its market share and revenue. This is likely to have a positive impact on FMCC's stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Fannie Mae will see an increase in the conforming loan limit for mortgages it backs, rising by 5.2% in 2025 to over $800,000.
The increase in the conforming loan limit allows Fannie Mae to back larger mortgages, potentially increasing its market share and revenue. This is likely to have a positive impact on FNMA's stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80