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FHFA Index Shows Mortgage Interest Rates Decreased in September
Washington, DC – Nationally, interest rates on conventional purchase-money mortgages decreased from August to September, according to several indices of new mortgage contracts. The National Average Contract Mortgage Rate for the Purchase of Previously Occupied Homes by Combined Lenders Index was 3...
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FHFA House Price Index Up 0.3 Percent in August
Washington, D.C. – U.S. house prices rose in August, up 0.3 percent on a seasonally adjusted basis from the previous month, according to the Federal Housing Finance Agency (FHFA) monthly House Price Index (HPI). The previously reported 0.6 percent increase in July was revised downward to reflect a 0...
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FHFA Finalizes House Price Index Measure for Conforming Loan Limits for Fannie Mae and Freddie Mac
W a s hi n g t on , D.C. – The Federal Housing Finance Agency (FHFA) sent to the Federal Register a Final Notice indicating its intent to use its existing "expanded-data" House Price Index (HPI) when setting the maximum conforming loan limits of Fannie Mae and Freddie Mac. A Notice and Request for...
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FHFA Index Shows Mortgage Interest Rates Decreased in August
Washington, D.C. – Nationally, interest rates on conventional purchase-money mortgages decreased from July to August, according to several indices of new mortgage contracts. The National Average Contract Mortgage Rate for the Purchase of Previously Occupied Homes by Combined Lenders Index was 3.99...
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Foreclosure Prevention Actions Top 3.5 Million Through Second Quarter 2015
Washington, D.C. – The Federal Housing Finance Agency (FHFA) today reported that Fannie Mae and Freddie Mac completed 63,593 foreclosure prevention actions in the second quarter of 2015, bringing the total number of foreclosure prevention actions to over 3.5 million since the start of the...
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FHFA House Price Index Up 0.6 Percent in July
Washington, D.C. – U.S. house prices rose in July, up 0.6 percent on a seasonally adjusted basis from the previous month, according to the Federal Housing Finance Agency (FHFA) monthly House Price Index (HPI). The previously reported 0.2 percent change in June remains unchanged. The FHFA HPI is...
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FHFA Issues Update on the Common Securitization Platform
Washington, D.C. – The Federal Housing Finance Agency (FHFA) today released An Update on the Common Securitization Platform. The Update details progress made in the development of a new infrastructure for the securitization of single-family mortgages by Fannie Mae and Freddie Mac. Developing the...
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FHFA Index Shows Mortgage Interest Rates Increased in July 2015
Washington, D.C. – Nationally, interest rates on conventional purchase-money mortgages increased from June to July, according to several indices of new mortgage contracts. The National Average Contract Mortgage Rate for the Purchase of Previously Occupied Homes by Combined Lenders Index was 4.02...
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HARP Refinances Remain Steady Through Second Quarter
Washington, D.C. – The Federal Housing Finance Agency (FHFA) today reported that the total number of loans refinanced through the Home Affordable Refinance Program (HARP) in the second quarter was nearly the same as the number of HARP refinances through the first quarter. FHFA's second quarter...
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U.S. House Prices Rise 1.2 Percent in Second Quarter
Washington, D.C. – U.S. house prices rose 1.2 percent in the second quarter of 2015 according to the Federal Housing Finance Agency (FHFA) House Price Index (HPI). This is the 16th consecutive quarterly price increase in the purchase-only, seasonally adjusted index. FHFA's seasonally adjusted...