12/24/2022
$1 Million-Plus Mortgages Go Mainstream Next Month
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Last week the Federal Housing Finance Agency raised the maximum that homebuyers can borrow with conforming loans in 2023 by 12% to $726,200 for most of the U.S. For Hawaiʻi, Alaska, Guam, the U.S. Virgin Islands and a handful of high-priced metropolitan areas on the mainland, the new limit is $1.08...