The Federal Housing Finance Agency (FHFA) has announced that the 2014 maximum conforming loan limits for mortgages acquired by Fannie Mae and Freddie Mac will remain at $417,000 for one-unit properties in most areas of the country. Important to New York, the high-cost loan limit will remain $625,000 for the counties comprising the lower Hudson Valley, New York City and Long Island, while the rest of the state will remain at the $417,000 national limit.

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