By George Souto, Your Connecticut Mortgage Expert
(George Souto NMLS #65149 FHA, CHFA, VA Mortgages)
Hot Off The Press!!!It’s official! The conforming loan limit for 2023 will be $726,200, which is $79,000 higher than 2022. The ceiling for one-unit properties in high-cost areas will be $1,089,300 in 2023. This marks the first time the government will officially be in the market for mortgages above $1 million!!!