Due to rising prices, the maximum size of Fannie Mae and Freddie Mac conforming loans is now $726,200, and in high-cost areas a mind-numbing $1,089,300. If the argument is that this boosts affordability, it’s dead wrong! Raising limits allows more people to qualify for a fixed number of houses, and that reduces affordability. Instead, raid Fannie and Freddie and use the money to build more houses, that will increase affordability.