Overview
- The new baseline for one-unit mortgages rises by $26,250 from 2025 to $832,750, a 3.26% increase.
- The high-cost ceiling for one-unit loans is $1,249,125, with Alaska, Hawaii, Guam and the U.S. Virgin Islands using that as a baseline and a $1,873,675 ceiling.
- FHFA tied the update to its third‑quarter House Price Index, which rose 2.2% year over year, alongside broader inputs that include FHA and Cotality data.
- Recent gauges point to a cooling market, with September’s S&P Cotality Case‑Shiller national index up 1.3% annually and notable regional divergence in price trends.
- Lenders moved early, with Rocket accepting loans at $825,500 and UWM, Rate, CrossCountry and Pennymac at $819,000 ahead of the official limits.