applicable maximum loan limit for the specific area in which the property is located. Effective Date The new limits are effective for whole loans delivered, and mortgage loans delivered into MBS with pool issue dates, on or after January 1, 2019. Whole loans delivered up through December 31, 2018, must comply with the 2018 limits. MBS pools with December 1,

The 30-year fixed-rate mortgage (FRM) rate dropped for the sixth consecutive. With rates dipping below four percent, there are over $2 trillion of outstanding conforming conventional mortgages.