Conforming Loan Limits were raised significantly for 2018

in #money7 years ago

The Federal Housing Finance Agency (FHFA) today announced the maximum conforming loan limits for mortgages to be acquired by Fannie Mae and Freddie Mac in 2018. In most of the U.S., the 2018 maximum conforming loan limit for one-unit properties will be $453,100, an increase from $424,100 in 2017.
High Bal Max will go up to $679,650

https://www.fhfa.gov/Media/PublicAffairs/Pages/FHFA-Announces-Maximum-Conforming-Loan-Limits-for-2018.aspx

Could this be a warning sign of inflation to come? Should you protect your capital by investing in gold, silver, and crypto? Perhaps the music will play on forever and currency can be inflated perpetually...

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