It used to be that loan limits would change every year based on prior housing trends. Given that home values in 2012 largely rose, it might be expected that loan limits in 2013 would increase. In fact, the Federal Housing Finance Agency announced that loan limits will remain unchanged next year.
Generally speaking, the most common loan limit continues to be $417,000. This is high, however, when you consider that the national median existing home sold for $186,100 in the third quarter, according to the National Association of Realtors.