The FHFA House Price Index (HPI) reported a 0.4 percent increase in U.S.

OFHEO House Price Index Shows Appreciation Slows in First Quarter. U.S. House Prices ​Show Annual Rise of 7.71.

Note: FHFA publishes monthly and quarterly HPI reports. OFHEO, one of the predecessor agencies to FHFA, was responsible for publishing the HPI prior to the fall of 2008.

OFHEO House Price Index Shows Dramatic Increases in Fourth Quarter 2003. U.S. Home Prices Average 3.67 Percent Higher in Fourth Quarter.

Note: FHFA publishes monthly and quarterly HPI reports. OFHEO, one of the predecessor agencies to FHFA, was responsible for publishing the HPI prior to the fall of 2008.

October 2016 Highlights 

Total refinance volume increased in October 2016 but remained well above levels observed earlier in the year as mortgage rates in September hovered near lows last observed in 2013. Mortgage rates increased in October: the average interest rate on a 30-year fixed rate mortgage was 3.47 percent.

In October 2016:

U.S. Homes Average 5.61 Percent Annual Price Appreciation; Price Growth Stabilizes.

Note: FHFA publishes monthly and quarterly HPI reports. OFHEO, one of the predecessor agencies to FHFA, was responsible for publishing the HPI prior to the fall of 2008.

U.S. Homes Average 5.56 Percent Annual Price Appreciation; Gradual Deceleration Trend Continues.

Note: FHFA publishes monthly and quarterly HPI reports. OFHEO, one of the predecessor agencies to FHFA, was responsible for publishing the HPI prior to the fall of 2008.

For all Scorecard items, Fannie Mae and Freddie Mac (the Enterprises) and Common Securitization Solutions will be assessed based on the following criteria:

Assessment Criteria

OFHEO Releases First Quarter 2003 House Price Index. U.S. Homes Average 6.48 Percent Annual Price Appreciation. Gradual Deceleration Trend Continues.

Note: FHFA publishes monthly and quarterly HPI reports. OFHEO, one of the predecessor agencies to FHFA, was responsible for publishing the HPI prior to the fall of 2008.

OFHEO Releases Fourth Quarter 2002 House Price Index. U.S. Homes Average 6.89 Percent Annual Price Appreciation. Quarterly Appreciation 0.83 Percent, Continued Deceleration. New England has Highest Appreciation Rate at 10.6 Percent.

Note: FHFA publishes monthly and quarterly HPI reports. OFHEO, one of the predecessor agencies to FHFA, was responsible for publishing the HPI prior to the fall of 2008.

U.S. house prices rose 1.5 percent in the third quarter of 2016 according to the Federal Housing Finance Agency (FHFA) House Price Index (HPI). House prices rose 6.1 percent from the third quarter of 2015 to the third quarter of 2016. FHFA’s seasonally adjusted monthly index for September was up 0.6 percent from August. The HPI is calculated using home sales price information from mortgages sold to, or guaranteed by, Fannie Mae and Freddie Mac.