Fnma Loan Limits 2024 High Balance. On tuesday, fhfa announced that the baseline conforming loan limit for mortgages backed by fannie mae and freddie mac in 2024 will increase to $766,550. 2024 is the eighth straight year that the fhfa has increased the conforming loan limits after not raising them for an entire decade from 2006 to 2016.

Fannie mae conforming loan limits in 2024. All conforming loan limit values apply to the original loan amount of the mortgage loan, not to its balance at the time of purchase by fannie mae.