In the affluent Los Angeles neighborhoods scorched by wildfires, jumbo mortgages on multimillion-dollar homes are commonplace, making the loans a potential pain point for the banks left holding them.

As home prices keep rising, so do conforming loan limits, the number that distinguishes the most common loan types from jumbo loans. These limits vary from year to year and by geographic area. The ...

The Federal Housing Finance Agency — regulator and conservator for Fannie Mae and Freddie Mac — is increasing the conforming loan limits in 2026 by just 3.26% or $26,250 for the 2026 calendar year.

A jumbo loan is a type of mortgage that exceeds the conforming loan limits for its area, set annually by the Federal Housing and Finance Agency (FHFA). In most parts of the U.S., the limit for 2026 is ...