FHFA Increases Conforming Loan Limits for 2026

On Tuesday, the Federal Housing Finance Agency (FHFA) announced new conforming loan limit values for mortgages that Fannie Mae and Freddie Mac will acquire in 2026. In most of the US, the limit for one-unit properties will be $832,750, an increase of $26,250 from 2025.

The FHFA adjusts the baseline limit annually under the Housing and Economic Recovery Act (HERA) to reflect changes in average home prices. Earlier Tuesday, the agency released its Q3 FHFA House Price Index, showing that nominal, seasonally adjusted home prices rose 3.26% between 2024Q3 and 2025Q3. The 2026 baseline limit increases by the same percentage.

In high-cost areas—where 115% of the local median home value exceeds the baseline—the limit is higher. HERA sets the ceiling at 150% of the baseline, placing the new maximum for one-unit properties at $1,249,125.

Special statutory provisions apply to Alaska, Hawaii, Guam, and the US Virgin Islands. In these jurisdictions, the baseline and ceiling limits for one-unit properties will be $1,249,125 and $1,873,675, respectively.

The FHFA said rising home values will increase 2026 conforming loan limits in all but 32 counties or county equivalents.