News Releases

Washington, D.C. – The Federal Housing Finance Agency today reported that the National Average Contract Mortgage Rate for the Purchase of Previously Occupied Homes by Combined Lenders, used as an index in some ARM contracts, was 4.49 percent based on loans closed in October. This is a decrease of 0...

Washington, D.C. – The Federal Housing Finance Agency (FHFA) today sent to the Federal Register a proposed rule that would establish procedures to enable Federal Home Loan Banks (Banks) to voluntarily merge. The Housing and Economic Recovery Act of 2008 (HERA) amended the Federal Home Loan Bank Act...

Washington, D.C. – The Federal Housing Finance Agency (FHFA) has announced that, under terms set forth in a recently-enacted Congressional continuing resolution (Public Law Number 111-242), the maximum conforming loan limits for mortgages originated in the first nine months of 2011 will remain...

Washington, D.C. – Edward J. DeMarco, Acting Director of the Federal Housing Finance Agency (FHFA) today released FHFA’s 2010 Performance and Accountability Report (PAR) detailing the agency’s performance and achievements for fiscal year 2010. For the second consecutive year, FHFA received a clean...

Washington, D.C. – The Federal Housing Finance Agency today reported that the National Average Contract Mortgage Rate for the Purchase of Previously Occupied Homes by Combined Lenders, used as an index in some ARM contracts, was 4.55 percent based on loans closed in September. This is a decrease of...

Washington, D.C. – U.S. house prices rose 0.4 percent on a seasonally adjusted basis from July to August, according to the Federal Housing Finance Agency’s monthly House Price Index. The previously reported 0.5 percent decline in July was revised to a 0.7 percent decline. For the 12 months ending in...

Washington, D.C. – The Federal Housing Finance Agency (FHFA) and the Board of Directors of the Federal Home Loan Bank of Seattle (Board) have agreed to the stipulation and issuance of a Consent Order by FHFA that resolves certain outstanding capital and supervisory matters. The Consent Order sets...

Washington, D.C. – The Federal Housing Finance Agency (FHFA) today released projections of the financial performance of Fannie Mae and Freddie Mac (the Enterprises) including potential draws under the Preferred Stock Purchase Agreements (PSPAs) with the U.S. Department of the Treasury. To date, the...

Washington, D.C. – The Federal Housing Finance Agency today reported that the National Average Contract Mortgage Rate for the Purchase of Previously Occupied Homes by Combined Lenders, used as an index in some ARM contracts, was 4.65 percent based on loans closed in August. This is a decrease of 0...

Washington, D.C. – U.S. house prices fell 0.5 percent on a seasonally adjusted basis from June to July, according to the Federal Housing Finance Agency’s monthly House Price Index. The previously reported 0.3 percent decline in June was revised to a 1.2 percent decline. The unusually large revision...