FHFA raises conforming loan limit to $832,750
The Federal Housing Finance Agency announced it is increasing the baseline conforming loan limit for single-family mortgages to $832,750, raising the maximum size of most loans that Fannie Mae and Freddie Mac can back. The change applies in the Twin Cities' seven-county metro in the upcoming loan-limit year, meaning more buyers can use conforming financing instead of higher-cost jumbo loans; higher limits may apply in designated high-cost areas elsewhere.
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đ Relevant Data
The FHFA increased the baseline conforming loan limit to $832,750 for 2026 from $806,500 in 2025, a 3.26% rise corresponding to the increase in the FHFA House Price Index between the third quarters of 2024 and 2025. ([American Bankers Association Banking Journal](https://bankingjournal.aba.com/2025/11/fhfas-increases-2026-cll-values-issues-q3-house-price-index/)) ([American Bankers Association Banking Journal](https://bankingjournal.aba.com/2025/11/fhfas-increases-2026-cll-values-issues-q3-house-price-index/)) ([American Bankers Association Banking Journal](https://bankingjournal.aba.com/2025/11/fhfas-increases-2026-cll-values-issues-q3-house-price-index/)) ([American Bankers Association Banking Journal](https://bankingjournal.aba.com/2025/11/fhfas-increases-2026-cll-values-issues-q3-house-price-index/)) ([American Bankers Association Banking Journal](https://bankingjournal.aba.com/2025/11/fhfas-increases-2026-cll-values-issues-q3-house-price-index/)) ([American Bankers Association Banking Journal](https://bankingjournal.aba.com/2025/11/fhfas-increases-2026-cll-values-issues-q3-house-price-index/)) ([American Bankers Association Banking Journal](https://bankingjournal.aba.com/2025/11/fhfas-increases-2026-cll-values-issues-q3-house-price-index/)) ([American Bankers Association Banking Journal](https://bankingjournal.aba.com/2025/11/fhfas-increases-2026-cll-values-issues-q3-house-price-index/)) ([American Bankers Association Banking Journal](https://bankingjournal.aba.com/2025/11/fhfas-increases-2026-cll-values-issues-q3-house-price-index/)) ([American Bankers Association Banking Journal](https://bankingjournal.aba.com/2025/11/fhfas-increases-2026-cll-values-issues-q3-house-price-index/)) ([American Bankers Association Banking Journal](https://bankingjournal.aba.com/2025/11/fhfas-increases-2026-cll-values-issues-q3-house-price-index/)) ([American Bankers Association Banking Journal](https://bankingjournal.aba.com/2025/11/fhfas-increases-2026-cll-values-issues-q3-house-price-index/)) ([American Bankers Association Banking Journal](https://bankingjournal.aba.com/2025/11/fhfas-increases-2026-cll-values-issues-q3-house-price-index/)) ([American Bankers Association Banking Journal](https://bankingjournal.aba.com/2025/11/fhfas-increases-2026-cll-values-issues-q3-house-price-index/)) ([American Bankers Association Banking Journal](https://bankingjournal.aba.com/2025/11/fhfas-increases-2026-cll-values-issues-q3-house-price-index/)) ([American Bankers Association Banking Journal](https://bankingjournal.aba.com/2025/11/fhfas-increases-2026-cll-values-issues-q3-house-price-index/)) ([American Bankers Association Banking Journal](https://bankingjournal.aba.com/2025/11/fhfas-increases-2026-cll-values-issues-q3-house-price-index/)) ([American Bankers Association Banking Journal](https://bankingjournal.aba.com/2025/11/fhfas-increases-2026-cll-values-issues-q3-house-price-index/)) ([American Bankers Association Banking Journal](https://bankingjournal.aba.com/2025/11/fhfas-increases-2026-cll-values-issues-q3-house-price-index/))
FHFA increases 2026 CLL values, issues Q3 House Price Index â American Bankers Association Banking Journal
As of Q2 2025, the homeownership rate in the US is 74.0% for non-Hispanic White households, 43.9% for Black Alone households, 48.8% for Hispanic (of any race) households, and 62.1% for Asian, Native Hawaiian and Pacific Islander Alone households. ([U.S. Census Bureau](https://www.census.gov/housing/hvs/files/currenthvspress.pdf)) ([U.S. Census Bureau](https://www.census.gov/housing/hvs/files/currenthvspress.pdf)) ([U.S. Census Bureau](https://www.census.gov/housing/hvs/files/currenthvspress.pdf)) ([U.S. Census Bureau](https://www.census.gov/housing/hvs/files/currenthvspress.pdf)) ([U.S. Census Bureau](https://www.census.gov/housing/hvs/files/currenthvspress.pdf)) ([U.S. Census Bureau](https://www.census.gov/housing/hvs/files/currenthvspress.pdf)) ([U.S. Census Bureau](https://www.census.gov/housing/hvs/files/currenthvspress.pdf)) ([U.S. Census Bureau](https://www.census.gov/housing/hvs/files/currenthvspress.pdf)) ([U.S. Census Bureau](https://www.census.gov/housing/hvs/files/currenthvspress.pdf)) ([U.S. Census Bureau](https://www.census.gov/housing/hvs/files/currenthvspress.pdf)) ([U.S. Census Bureau](https://www.census.gov/housing/hvs/files/currenthvspress.pdf)) ([U.S. Census Bureau](https://www.census.gov/housing/hvs/files/currenthvspress.pdf)) ([U.S. Census Bureau](https://www.census.gov/housing/hvs/files/currenthvspress.pdf)) ([U.S. Census Bureau](https://www.census.gov/housing/hvs/files/currenthvspress.pdf)) ([U.S. Census Bureau](https://www.census.gov/housing/hvs/files/currenthvspress.pdf)) ([U.S. Census Bureau](https://www.census.gov/housing/hvs/files/currenthvspress.pdf)) ([U.S. Census Bureau](https://www.census.gov/housing/hvs/files/currenthvspress.pdf)) ([U.S. Census Bureau](https://www.census.gov/housing/hvs/files/currenthvspress.pdf)) ([U.S. Census Bureau](https://www.census.gov/housing/hvs/files/currenthvspress.pdf))
Data Inquiries Media Inquiries â U.S. Census Bureau
In 2024, the mortgage denial rate for Black applicants in the US was 19.00%, compared to 11.27% for all applicants. ([LendingTree](https://www.lendingtree.com/home/mortgage/lendingtree-study-black-homebuyers-more-likely-to-be-denied-mortgages-than-other-homebuyers/)) ([LendingTree](https://www.lendingtree.com/home/mortgage/lendingtree-study-black-homebuyers-more-likely-to-be-denied-mortgages-than-other-homebuyers/)) ([LendingTree](https://www.lendingtree.com/home/mortgage/lendingtree-study-black-homebuyers-more-likely-to-be-denied-mortgages-than-other-homebuyers/)) ([LendingTree](https://www.lendingtree.com/home/mortgage/lendingtree-study-black-homebuyers-more-likely-to-be-denied-mortgages-than-other-homebuyers/)) ([LendingTree](https://www.lendingtree.com/home/mortgage/lendingtree-study-black-homebuyers-more-likely-to-be-denied-mortgages-than-other-homebuyers/)) ([LendingTree](https://www.lendingtree.com/home/mortgage/lendingtree-study-black-homebuyers-more-likely-to-be-denied-mortgages-than-other-homebuyers/)) ([LendingTree](https://www.lendingtree.com/home/mortgage/lendingtree-study-black-homebuyers-more-likely-to-be-denied-mortgages-than-other-homebuyers/)) ([LendingTree](https://www.lendingtree.com/home/mortgage/lendingtree-study-black-homebuyers-more-likely-to-be-denied-mortgages-than-other-homebuyers/)) ([LendingTree](https://www.lendingtree.com/home/mortgage/lendingtree-study-black-homebuyers-more-likely-to-be-denied-mortgages-than-other-homebuyers/)) ([LendingTree](https://www.lendingtree.com/home/mortgage/lendingtree-study-black-homebuyers-more-likely-to-be-denied-mortgages-than-other-homebuyers/)) ([LendingTree](https://www.lendingtree.com/home/mortgage/lendingtree-study-black-homebuyers-more-likely-to-be-denied-mortgages-than-other-homebuyers/)) ([LendingTree](https://www.lendingtree.com/home/mortgage/lendingtree-study-black-homebuyers-more-likely-to-be-denied-mortgages-than-other-homebuyers/)) ([LendingTree](https://www.lendingtree.com/home/mortgage/lendingtree-study-black-homebuyers-more-likely-to-be-denied-mortgages-than-other-homebuyers/)) ([LendingTree](https://www.lendingtree.com/home/mortgage/lendingtree-study-black-homebuyers-more-likely-to-be-denied-mortgages-than-other-homebuyers/)) ([LendingTree](https://www.lendingtree.com/home/mortgage/lendingtree-study-black-homebuyers-more-likely-to-be-denied-mortgages-than-other-homebuyers/)) ([LendingTree](https://www.lendingtree.com/home/mortgage/lendingtree-study-black-homebuyers-more-likely-to-be-denied-mortgages-than-other-homebuyers/)) ([LendingTree](https://www.lendingtree.com/home/mortgage/lendingtree-study-black-homebuyers-more-likely-to-be-denied-mortgages-than-other-homebuyers/)) ([LendingTree](https://www.lendingtree.com/home/mortgage/lendingtree-study-black-homebuyers-more-likely-to-be-denied-mortgages-than-other-homebuyers/)) ([LendingTree](https://www.lendingtree.com/home/mortgage/lendingtree-study-black-homebuyers-more-likely-to-be-denied-mortgages-than-other-homebuyers/))
Black Buyers More Likely to Be Denied Mortgage â LendingTree
The median home price in the Twin Cities metro area was $390,000 in September 2025, reflecting a 2.6% increase from the previous year. ([Minnesota Realtors](https://www.mnrealtor.com/blogs/mnr-news1/2025/10/16/september-2025-housing-market-report)) ([Minnesota Realtors](https://www.mnrealtor.com/blogs/mnr-news1/2025/10/16/september-2025-housing-market-report)) ([Minnesota Realtors](https://www.mnrealtor.com/blogs/mnr-news1/2025/10/16/september-2025-housing-market-report)) ([Minnesota Realtors](https://www.mnrealtor.com/blogs/mnr-news1/2025/10/16/september-2025-housing-market-report)) ([Minnesota Realtors](https://www.mnrealtor.com/blogs/mnr-news1/2025/10/16/september-2025-housing-market-report)) ([Minnesota Realtors](https://www.mnrealtor.com/blogs/mnr-news1/2025/10/16/september-2025-housing-market-report)) ([Minnesota Realtors](https://www.mnrealtor.com/blogs/mnr-news1/2025/10/16/september-2025-housing-market-report)) ([Minnesota Realtors](https://www.mnrealtor.com/blogs/mnr-news1/2025/10/16/september-2025-housing-market-report)) ([Minnesota Realtors](https://www.mnrealtor.com/blogs/mnr-news1/2025/10/16/september-2025-housing-market-report)) ([Minnesota Realtors](https://www.mnrealtor.com/blogs/mnr-news1/2025/10/16/september-2025-housing-market-report)) ([Minnesota Realtors](https://www.mnrealtor.com/blogs/mnr-news1/2025/10/16/september-2025-housing-market-report)) ([Minnesota Realtors](https://www.mnrealtor.com/blogs/mnr-news1/2025/10/16/september-2025-housing-market-report)) ([Minnesota Realtors](https://www.mnrealtor.com/blogs/mnr-news1/2025/10/16/september-2025-housing-market-report)) ([Minnesota Realtors](https://www.mnrealtor.com/blogs/mnr-news1/2025/10/16/september-2025-housing-market-report)) ([Minnesota Realtors](https://www.mnrealtor.com/blogs/mnr-news1/2025/10/16/september-2025-housing-market-report)) ([Minnesota Realtors](https://www.mnrealtor.com/blogs/mnr-news1/2025/10/16/september-2025-housing-market-report)) ([Minnesota Realtors](https://www.mnrealtor.com/blogs/mnr-news1/2025/10/16/september-2025-housing-market-report)) ([Minnesota Realtors](https://www.mnrealtor.com/blogs/mnr-news1/2025/10/16/september-2025-housing-market-report)) ([Minnesota Realtors](https://www.mnrealtor.com/blogs/mnr-news1/2025/10/16/september-2025-housing-market-report))
September 2025 Housing Market Report â Minnesota Realtors
đ Key Facts
- New baseline conforming loan limit set at $832,750 for single-family homes
- Action by the Federal Housing Finance Agency (FHFA) affecting Fannie Mae and Freddie Mac purchases
- Applies across the Twin Cities metro beginning with the next loan-limit year
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