Finance
The 'conforming loan limit' in Alaska is particularly significant because Alaska and Hawaii have:
ALower loan limits than the contiguous 48 states
BHigher conforming loan limits than the contiguous 48 states due to higher housing costs✓ Correct
CNo conforming loan limit since Alaska is not subject to FHFA
DThe same conforming loan limit as all other states
Explanation
Alaska and Hawaii have conforming loan limits that are higher than those for the contiguous 48 states, reflecting the higher cost of housing in these states. The FHFA sets higher limits for high-cost areas, and Alaska and Hawaii qualify statewide for higher limits.
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