The federal housing department has released the new limits on Federal Housing Administration-insured mortgages. (And, on Fannie Mae / Freddie Mac loans, as well.)
Now, get borrowing! Our country’s future (well, mine at least) depends on it.
BOSTON-SUFFOLK
Single-family: $523,750
Two-family: $670,500
Three-family: $810,450
Four-family: $1,007,200
Good news: if you’re buying in Nantucket, the conforming loan limit is even higher.
Source: Housing & Urban Development mortgage loan limits