FHFA Announces 2016 Loan Limit Changes

In short, the general loan limits remain unchanged from 2015's levels, but several high-cost county limits have been increased.  As a reminder, Fannie Mae has a useful Loan Limit Look-Up Table which has been revised with 2016's new amounts.  Clicking this link will prompt a download of the excel spreadsheet, which includes every county's loan limits and numerical codes.  Or you can access Fannie's loan limit page HERE.  The FHFA provided a useful PDF that exclusively highlights the counties that changed HERE.  Alternatively, here is the entire list (click to enlarge):

A few interesting factoids from the spreadsheet:

• Alaska is the state with highest number of counties at the high-cost max.
• Virginia has the most when it comes to the lower 48 states
• The overall New York/Newark metro area has the most counties at high-cost max (25), followed closely by the DC/Arlington/Alexandria metro areas (24)