Standard and high-cost loan limits for Fannie Mae/ Freddie Mac and FHA/VA are unchanged for 2011. So conforming is still $417,009 and jumbo conforming is still $567,500.
Loan limits are not coming down nor going up any time soon. With interest rates at an all-time low, I still say it is a great time to buy a home. There are a lot of really good deals out there in the housing market. Stop sitting on the fence and get that dream home you have always wanted!