The Federal Housing Finance Agency (FHFA) has announced the maximum conforming loan limits for mortgages to be acquired by Fannie Mae and Freddie Mac in 2018. In most areas, the maximum conforming limits will increase from the 2017 limit of $424,100 to $453,100 for one-unit properties. That reflects an increase of $29,000 from 2017.

The Housing and Economic Recovery Act (HERA) requires that the baseline conforming loan limit be adjusted each year to reflect the change in the average U.S. home price. The new $453,100 limit applies to most, but not all counties or county equivalents.