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FHFA Index Shows Mortgage Interest Rates Continue to Rise in August 2013
Washington, D.C. – National data show interest rates on mortgages continued their upward trend. Contract mortgage interest rates increased 0.25 percent from July to August, according to an index of new mortgage contracts. According to the Federal Housing Finance Agency (FHFA), the National Average...
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FHFA House Price Index Up 1.0 Percent in July
Washington, D.C. – U.S. house price appreciation continued in July 2013, rising 1.0 percent on a seasonally adjusted basis from the previous month, according to the Federal Housing Finance Agency (FHFA) monthly House Price Index (HPI). The July HPI change marks the eighteenth consecutive monthly...
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FHFA Launches National Education Campaign
Washington, D.C. – The Federal Housing Finance Agency (FHFA) today launched a nationwide campaign to inform homeowners about the Home Affordable Refinance Program (HARP). The campaign is designed to encourage homeowners who have been making their mortgage payments, but who owe more than their home...
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FHFA Launches Quarterly Report on Fannie Mae, Freddie Mac and Federal Home Loan Banks Financial Performance
Washington, D.C. – The Federal Housing Finance Agency (FHFA) is expanding the agency’s regular reporting on Fannie Mae, Freddie Mac and the Federal Home Loan Banks (FHLBanks). The new FHFA Quarterly Performance Report of the Housing GSEs provides a summary of data available in Fannie Mae, Freddie...
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FHFA Announces 2014 Release Dates for House Price Index
Washington, D.C. – The Federal Housing Finance Agency (FHFA) today announced the FHFA House Price Index (HPI) will be released at 9 a.m. ET on the following dates in 2014: Thursday, January 23 Monthly Index Tuesday, February 25 Quarterly and Monthly Index Tuesday, March 25 Monthly Index...
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Refinance Volume Down Slightly in Second Quarter
Washington, D.C. – The total volume of home refinances decreased slightly in the second quarter of 2013 and refinances through the Home Affordable Refinance Program (HARP) also declined somewhat, according to the Federal Housing Finance Agency's Second Quarter 2013 Refinance Report. Total refinance...
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FHFA Index Shows Mortgage Interest Rates Rose Sharply in July 2013
Washington, D.C. – National data show interest rates on mortgages continued their upward trend. Contract mortgage interest rates increased 0.45 percent from June to July, according to an index of new mortgage contracts. According to the Federal Housing Finance Agency (FHFA), the National Average...
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Agencies Request Comment on Proposed Risk Retention Rule
Joint Release Board of Governors of the Federal Reserve System Department of Housing and Urban Development Federal Deposit Insurance Corporation Federal Housing Finance Agency Office of the Comptroller of the Currency Securities and Exchange Commission Six federal agencies on Wednesday issued...
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U.S. House Prices Rose 2.1 Percent in Second Quarter 2013
Washington, D.C. – Upward momentum in U.S. house prices remained strong in the second quarter, as prices rose 2.1 percent from the previous quarter, according to the Federal Housing Finance Agency (FHFA) House Price Index (HPI). This is the eighth consecutive quarterly price increase in the purchase...
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FHFA Releases New Working Paper Analyzing the Effect of Distressed Sales on the FHFA House Price Index
Washington, D.C. – The Federal Housing Finance Agency (FHFA) today released a Working Paper that evaluates the impact of distressed sales—sales of bank-owned properties and short sales—on the FHFA House Price Index (HPI). The study details recent and historical price discounts associated with such...