New Conforming Loan Limits 2024 Olympics. This is an increase of $40,350 over the 2023 limits. Those shopping for homes in 2024 with conventional conforming loans can take advantage of higher baseline conforming loan limits which typically offer better rates and pricing than jumbo loans.
Conforming loan limits increase based on the fhfa’s house price index. The federal housing finance agency (fhfa) has announced new maximum conforming loan limits for 2024.