Are new loan limits for Fannie and Freddie too high?
Let the good times roll.
You now can buy a $1,021,895 home in Los Angeles and Orange counties with as little as 5% down and still get a loan backed by Fannie Mae or Freddie Mac.
The Federal Housing Finance Agency announced Tuesday, Nov. 30, the 2022 loan limit for high-cost metro areas like L.A./O.C. will rise to $970,800, up from $822,375 in 2021. As Fannie’s and Freddie’s conservator and…
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