News Releases

Washington, D.C. – U.S. home prices fell 0.3 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 0.3 percent increase in July was unrevised. For the 12 months ending in August, U.S. prices...

Joint Release​ U.S. Department of the Treasury​ ​​Department of Housing and Urban Development Federal Housing Finance Agency​​ ​ Washington, D.C. – As part of its comprehensive plan to stabilize the U.S. housing market, the Obama Administration today announced a new initiative for state and local...

Washington, D.C. – Fannie Mae and Freddie Mac’s trial mortgage loan modifications under the Administration’s Home Affordable Modification Program (HAMP) were up more than 40 percent in September 2009 from the previous month. Completed loan modifications are also expected to increase when borrowers...

Washington, D.C. – FHFA Acting Director Edward J. DeMarco today announced a Fiscal Year (FY) 2010 budget of $139.3 million for the Federal Housing Finance Agency, an increase of 15 percent from the FHFA FY 2009 budget of $120.8 million. FHFA will also issue a special assessment of $10.4 million on...

Washington, D.C. – The Federal Housing Finance Agency released its second quarter Foreclosure Prevention Report, which shows that trial loan modifications under the Administration’s Home Affordable Modification Program (HAMP) announced in March are rising steadily. This development explains why...

Washington, D.C. – Fannie Mae and Freddie Mac refinanced more than 3.2 million mortgage loans in 2009 through August of this year. In the month of August alone, nearly 360,000 mortgages were refinanced. The numbers were announced today by Edward J. DeMarco, Acting Director of the Federal Housing...

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 1 basis point to 5.30 percent in August. The average interest rate on 15-year, fixed-rate loans of $417,000 or less...

Washington, D.C. – U.S. home prices rose 0.3 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 0.5 percent increase in June was revised downward to a 0.1 percent increase. For the 12 months...

Washington, D.C. – The Federal Housing Finance Agency (FHFA) has announced the selection of H Ronald Weissman as the Chairman of the Board of Directors of the Federal Home Loan Banks’ Office of Finance. This office is responsible for issuing consolidated obligations on behalf of the 12 Federal Home...

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 19 basis points to 5.31 percent in July. The average interest rate on 15-year, fixed-rate loans of $417,000 or less...