News Releases

​Washington, D.C. – The Federal Housing Finance Agency today reported that the average interest rate on conventional 30-year, fixed-rate, mortgage loans of $417,000 or less increased 3 basis points to 5.13 percent in February. The average interest rate on 15-year, fixed-rate loans of $417,000...

Washington, D.C. – Fannie Mae and Freddie Mac completed more than 73,300 permanent mortgage loan modifications through January under the Administration’s Home Affordable Modification Program (HAMP). The Home Affordable Refinance Program, or HARP, also increased, as the percentage of total monthly...

Washington, D.C. – U.S. house prices fell 0.6 percent on a seasonally adjusted basis from December to January, according to the Federal Housing Finance Agency’s monthly House Price Index. The previously reported 1.6 percent decline in December was revised downward to a 2.0 percent decline. For the...

Washington, D.C. – Federal Housing Finance Agency Acting Director Ed DeMarco today announced the extension of the Home Affordable Refinance Program, (HARP), a refinancing program administered by Fannie Mae and Freddie Mac, to June 30, 2011. The program is a key component of the Administration’s...

Washington, D.C. – The Federal Housing Finance Agency today reported that the average interest rate on conventional 30-year, fixed-rate, mortgage loans of $417,000 or less increased 5 basis points to 5.10 percent in January. The average interest rate on 15-year, fixed-rate loans of $417,000 remained...

Washington, D.C. – U.S. house prices fell slightly in the fourth quarter of 2009 according to the Federal Housing Finance Agency’s (FHFA) seasonally adjusted purchase-only House Price Index (HPI). The HPI, calculated using home sales price information from Fannie Mae- and Freddie Mac-acquired...

Washington, D.C. – The Federal Housing Finance Agency (FHFA) has sent a proposed rule to the Federal Register establishing new housing goals for Fannie Mae and Freddie Mac (the Enterprises). The Housing and Economic Recovery Act of 2008 (HERA) gave FHFA authority for establishing housing goals for...

Washington, D.C. – Today Acting Director Edward J. DeMarco sent the following letter to Chairmen Frank and Dodd and Ranking Members Bachus and Shelby regarding the conservatorship of Fannie Mae and Freddie Mac. Attachments: Enterprise Conservatorship Status Letter ### The Federal Housing Finance...

Washington, D.C. – Fannie Mae and Freddie Mac initiated more than 485,000 mortgage loan modifications through December 2009, under the Administration’s Home Affordable Modification Program (HAMP). Total refinance volume increased in December, including those under the Home Affordable Refinance...

Washington, D.C. – The Federal Housing Finance Agency today reported that the average interest rate on conventional 30-year, fixed-rate, mortgage loans of $417,000 or less decreased 4 basis points to 5.05 percent in December. The average interest rate on 15-year, fixed-rate loans of $417,000 or less...