Conforming rates have risen to:
1 family: $822,375
2 fam: $1,053,000
3 fam: $1,272,750
4 fam: $1,581,750
This will make about 4.8% more homes in Manhattan meet conforming guidelines. A conforming loan means the Fannie Mae or Freddie Mac would buy your debt, it makes the rate and terms easy for buyers.
This will help buyers or at least 4.8% of them.