Unfortunately the Federal Housing Authority did not come through with raising the national conforming loan limit. It will remain at $417,000 in 2009 (same numbers for multi-families as well).
Conforming Jumbo’s are actually going to be lowered from $523,750 to $465,750 which is expected to be announced Monday.
This information is provided by our good friend, Brian Cavanaugh, over at JPMorgan Chase. Thanks Brian!
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