With the Federal Housing Finance Agency preparing to announce whether or not it will change the current conforming loan limit for 2016 any day now, speculation abounds. Although industry groups largely supported an FHFA plan that correlates adjustments of the conforming loan limits to FHFA’s “expanded data” House Price Index, the extent to which conforming loan limits should be adjusted remains debatable among trade groups and housing observers. Back in May, the FHFA noted that home prices were close to recovering from the aftermath of the financial crisis, which caused some to speculate that it could prompt an increase to the conforming loan limit.