Conforming loan limits for mortgages backed by Fannie Mae and Freddie Mac have jumped in most of the country. El Dorado County. CA. increased to $647,050. Find out the conforming loan limit for 2022 in your area at FHFA.gov. You can also view the interactive map on the site.

The new loan limits took effect Jan. 1.

The Federal Housing Finance Agency’s House Price Index shows that home prices rose 18.05%, on average, between the third quarters of 2020 and 2021. The 2022 conforming loan limits increased by the same percentage, the FHFA reports.

Source: FHFA.gov