The Federal Housing Finance Agency (FHFA) today announced that the baseline conforming loan limit for mortgages acquired by Fannie Mae and Freddie Mac in 2026 will rise to $832,750, an increase of $26,250 from 2025.

The conforming loan limits are required by law to reflect the percentage change in the average U.S. home price during the most recent 12-month or four-quarter period ending before the time of determining the annual adjustment. 

In 2026, the conforming loan limit will rise 3.26% because FHFA has determined that the average U.S. home value increased by that amount between the third quarters of 2024 and 2025.

Higher loan limits will be in effect in higher-cost areas as well. The new ceiling loan limit in high-cost markets will be $1,249,125, which is 150% of $832,750. The previous ceiling was $1,209,750.

In its news release, FHFA said that because of rising home values, the ceiling loan limits will be higher in all but 32 U.S. counties or county equivalents in 2026.

View a list of the 2026 maximum conforming loan limits for all counties and county-equivalent areas in the country.