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The Housing and Urban Development’s (HUD) Federal Housing Administration (FHA) today said it will raise the maximum claim amount for its Single-Family Forward and Home Equity Conversion Mortgage (HECM) mortgage insurance programs to $1,249,125 in 2026 (for a one-unit property), up from $1,209,750 this year. FHA updates its loan limits every year based on rules in the National Housing Act. These limits are calculated using home-sale data from each county or metropolitan area.

California home sales rose in November from both the previous month and year for the third consecutive month to reach the highest level since September 2022, the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) said today. For full report, visit https://on.car.org/48Y3tYA

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