Update: Toward the end of 2017, federal housing officials announced they would be increasing the baseline loan limit for 2018, nationwide, in response to rising home prices. (bpfund.com)
Federal housing officials made this announcement toward the end of 2016, and it applies to all loan types. (bpfund.com)
So federal housing officials are making a change to attract more borrowers. (homebuyinginstitute.com)