From Banker & Tradesman:

The federal government has extended through next year the maximum dollar amount for single-family “conforming loans,” or loans which federally-backed Fannie Mae and Freddie Mac will agree to purchase, giving some breathing room to potential homebuyers in nine high-priced Massachusetts counties who otherwise may have had to apply for more costly jumbo mortgages.

Fannie and Freddie have a general limit of $417,000 on loans they will agree to purchase, except if a home is purchased in one of several specially-designated “high-cost” areas. In these areas, due to higher median home prices, Fannie and Freddie have agreed to extend that figure to as much as $729,750 through 2010, after initially threatening to lower the high-cost area limit to $625,500 at the end of this year.

The move affects potential homebuyers in nine Massachusetts counties. Below, please find a listing of counties, and the extended loan limit.

1.) Barnstable: $462,500

2.) Bristol: $475,000

3.) Dukes: $729,750

4.) Essex: $523,750

5.) Middlesex: $523,750

6.) Nantucket: $729,750

7.) Norfolk: $523,750

8.) Plymouth: $523,750

9.) Suffolk: $523,750

Author Profile

John Ford
John Ford

Over the course of 20 years in the Boston downtown real estate market, John represented and sold numerous, condominiums, investment and development properties in Greater Boston and in the surrounding suburbs

In addition to representing Boston condo buyers and sellers, John is currently one of the most recognized Boston condo blog writers regarding Boston condominiums and residential real estate markets. John's insights and observations about the Boston condo market have been seen in a wide variety of the most established local & national media outlets including; Banker and Tradesman, Boston Magazine The Boston Globe, The Boston Herald and NewsWeek and Fortune magazine, among others.


For over 24 years, John Ford, of Ford Realty Inc., has been actively involved in the real estate industry. He started his career in commercial real estate with a national firm Spaulding & Slye and quickly realized that he had a passion for residential properties. In 1999, John entered the residential real estate market, and in 2000 John Started his own firm Ford Realty Inc. As a broker, his clients have come to love his fun, vivacious, and friendly attitude. He prides himself on bringing honesty and integrity to the entire home buying and selling process. In addition to helping buyers and sellers, he also works with rental clients. Whether you’re looking to purchase a new Boston condo or rent an apartment, you’ll quickly learn why John has a 97% closing rate.


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John Ford and his staff can be reached at 617-595-3712 or 617-720-5454. Please feel free to stop by John's Boston Beacon Hill office located at 137 Charles Street.

John Ford
Ford Realty Inc
137 Charles Street
Boston, Ma 02114



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