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Wednesday, July 06, 2011

Conforming Loan Limit Data

by Calculated Risk on 7/06/2011 01:07:00 PM

Just a data post ...

Last night I posted on the new GSE conforming limits and I combined two FHFA spreadsheets to show the change by city. Here is the spreadsheet with the current loan limits and the new loan limits (sorted by largest change in limit).

As Tom Lawler noted back in April, effective Oct 1st "the conforming loan limit will revert back to those established under the Housing and Economic Recovery Act (HERA) of 2008. That act upped the conforming loan limit in many parts of the country, but the HERA hike was trumped by the Economic Stimulus Act (ESA) of 2008 and the Continuing Appropriations Act of 2011."

Here is the source data from the FHFA:
1) Spreadsheet: Maximum Loan Limits for Loans Originated between 10/1/2010 and 9/30/2011 (Same as Limits for 1/1/10-9/30/10 Originations)
2) Spreadsheet: Maximum Loan Limits that Apply to Loans Acquired in Calendar Year 2011 and Originated after 9/30/2011 or Prior to 7/1/2007