This annual report describes FHFA's accomplishments, as well as challenges, the agency faced in meeting the strategic goals and objectives during the past fiscal year.
Read about the agency’s 2022 examinations of Fannie Mac, Freddie Mac and the Home Loan Bank System.
Submit comments and provide input on FHFA Rules Open for Comment by clicking on Rulemaking and Federal Register.
As conservator, FHFA is focused on ensuring that each Enterprise builds capital and improves its safety and soundness.
1.
Operate the business in a safe and sound manner.
2.
Promote sustainable and equitable access to affordable housing.
2023 Scorecard
FHFA experts provide reliable data, including all states, about activity in the U.S. mortgage market through its House Price Index, Refinance Report, Foreclosure Prevention Report, and Performance Report.
Source: FHFA
FHFA economists and policy experts provide reliable research and policy analysis about critical topics impacting the nation’s housing finance sector. Meet the experts...
Glossaries
COVID-19 Resources
For the Purchase of Previously Occupied Homes
By Combined Lenders
The National Average Contract Mortgage Rate is derived from the Federal Housing Finance Agency's Monthly Interest Rate Survey (MIRS). Prior to October 1989, this survey was conducted for many years by the former Federal Home Loan Bank Board (FHLBB). The series is the average contract rate reported by a sample of mortgage lenders -- savings and loan associations, savings banks, commercial banks, and mortgage companies -- for loans closed during the first 5 working days of the month up through October 1991 and for the last 5 working days of the month since November 1991. The rate is based on conventional fixed- and adjustable-rate loans on previously occupied nonfarm single-family homes. The series trails interest-rate trends both because of the processing time and the fact that the rate on a loan closed often reflects a rate commitment made two or three months earlier.
Up-to-date information on this series is available on a recorded message on (202) 649-3993.
February 27, 2018
January 2018
4.12
[PAGE]
January 25, 2018
December 2017
4.08
December 28, 2017
November 2017
4.05
November 29, 2017
October 2017
3.98
October 26, 2017
September 2017
4.00
September 28, 2017
August 2017
August 29, 2017
July 2017
3.99
[PAGE]
July 27, 2017
June 2017
June 29, 2017
May 2017
3.87
May 30, 2017
April 2017
3.97
April 27, 2017
March 2017
March 28, 2017
February 2017
4.27
February 28, 2017
January 2017
4.22
January 26, 2017
December 2016
December 27, 2016
November 2016
3.66
November 29, 2016
October 2016
3.62
October 27, 2016
September 2016
3.61
September 28, 2016
August 2016
3.58
August 30, 2016
July 2016
July 27, 2016
June 2016
3.69
June 29, 2016
May 2016
3.70
May 26, 2016
April 2016
3.75
April 28, 2016
March 2016
3.73
March 29, 2016
February 2016
3.88
February 25, 2016
January 2016
January 28, 2016
December 2015
December 30, 2015
November 2015
3.85
November 24, 2015
October 2015
3.89
October 29, 2015
September 2015
3.93
September 29, 2015
August 2015
August 27, 2015
July 2015
4.02
July 30, 2015
June 2015
June 25, 2015
May 2015
May 28, 2015
April 2015
3.78
April 28, 2015
March 2015
3.80
March 26, 2015
February 2015
3.77
January 29, 2015
December 2014
December 30, 2014
November 2014
November 25, 2014
October 2014
4.11
October 30, 2014
September 2014
4.06
September 30, 2014
August 2014
August 28, 2014
July 2014
4.09
July 31, 2014
June 2014
June 26, 2014
May 2014
4.18
May 29, 2014
April 2014
4.24
April 29, 2014
March 2014
March 27, 2014
February 2014
4.30
February 27, 2014
January 2014
4.37
January 30, 2014
December 2013
4.25
December 24, 2013
November 2013
4.21
November 26, 2013
October 2013
4.32
October 29, 2013
September 2013
4.38
September 26, 2013
August 2013
4.26
August 29, 2013
July 2013
4.01
July 30, 2013
June 2013
3.55
June 27, 2013
May 2013
3.40
May 30, 2013
April 2013
3.56
April 25, 2013
March 2013
3.54
March 28, 2013
February 2013
3.43
February 26, 2013
January 2013
3.35
January 29, 2013
December 2012
3.29
December 27, 2012
November 2012
3.36
November 29, 2012
October 2012
3.44
October 30, 2012
September 2012
September 27, 2012
August 2012
August 28, 2012
July 2012
July 26, 2012
June 2012
3.67
June 26, 2012
May 2012
May 29, 2012
April 2012
April 26, 2012
March 2012
3.90
March 27, 2012
February 2012
February 28, 2012
January 2012
January 26, 2012
December 2011
4.15
December 22, 2011
November 2011
November 22, 2011
October 2011
4.19
October 27, 2011
September 2011
September 27, 2011
August 2011
4.56
August 30, 2011
July 2011
4.57
July 27, 2011
June 2011
4.62
June 28, 2011
May 2011
4.74
May 25, 2011
April 2011
4.80
April 26, 2011
March 2011
4.84
March 29, 2011
February 2011
4.79
February 24, 2011
January 2011
4.71
January 27, 2011
December 2010
4.58
December 28, 2010
November 2010
4.42
November 23, 2010
October 2010
4.49
October 28, 2010
September 2010
4.55
September 28, 2010
August 2010
4.65
August 26, 2010
July 2010
4.78
July 27, 2010
June 2010
4.91
June 24, 2010
May 2010
4.99
May 27, 2010
April 2010
5.02
April 27, 2010
March 2010
March 30, 2010
February 2010
5.05
February 25, 2010
January 2010
5.01
January 26, 2010
December 2009
4.92
December 24, 2009
November 2009
November 24, 2009
October 2009
October 27, 2009
September 2009
5.16
September 29, 2009
August 2009
5.25
August 27, 2009
July 2009
5.26
July 28, 2009
June 2009
5.09
June 25, 2009
May 2009
4.88
May 28, 2009
April 2009
April 28, 2009
March 2009
5.06
March 26, 2009
February 2009
5.04
February 26, 2009
January 2009
5.12
News Release
January 27, 2009
December 2008
5.51
December 30, 2008
November 2008
6.18
November 25, 2008
October 2008
6.16
October 28, 2008
September 2008
6.17
September 25, 2008
August 2008
6.46
N / A
August 28, 2008
July 2008
6.41
July 24, 2008
June 2008
6.23
June 25, 2008
May 2008
6.04
May 27, 2008
April 2008
5.97
April 24, 2008
March 2008
6.03
March 25, 2008
February 2008
5.87
February 26, 2008
January 2008
January 24, 2008
December 2007
December 27, 2007
November 2007
6.35
November 27, 2007
October 2007
6.50
October 25, 2007
September 2007
6.59
September 25, 2007
August 2007
6.73
August 28, 2007
July 2007
6.74
July 25, 2007
June 2007
6.58
June 26, 2007
May 2007
6.37
May 24, 2007
April 2007
6.28
April 26, 2007
March 2007
6.33
March 27, 2007
February 2007
6.40
February 27, 2007
January 2007
January 25, 2007
December 2006
December 28, 2006
November 2006
6.45
November 28, 2006
October 2006
6.54
October 26, 2006
September 2006
September 27, 2006
August 2006
6.75
August 29, 2006
July 2006
6.77
July 25, 2006
June 2006
6.65
June 27, 2006
May 2006
6.61
May 30, 2006
Apr 2006
April 25, 2006
March 2006
6.43
March 27, 2006
February 2006
6.31
February 27, 2006
January 2006
6.30
January 25, 2006
December 2005
6.29
December 28, 2005
November 2005
6.22
November 29, 2005
October 2005
5.98
October 25, 2005
September 2005
5.85
September 27, 2005
August 2005
5.83
August 30, 2005
July 2005
5.68
July 26, 2005
June 2005
5.65
June 29, 2005
May 2005
5.80
May 25, 2005
Apr 2005
5.86
April 26, 2005
March 2005
5.76
March 25, 2005
February 2005
February 24, 2005
January 2005
5.72
January 26, 2005
December 2004
5.71
December 28, 2004
November 2004
November 30, 2004
October 2004
5.64
October 26, 2004
September 2004
5.63
September 28, 2004
August 2004
5.77
August 26, 2004
July 2004
5.88
July 28, 2004
June 2004
5.96
June 25, 2004
May 2004
5.73
May 28, 2004
Apr 2004
5.37
April 26, 2004
March 2004
5.43
March 26, 2004
February 2004
5.69
February 26, 2004
January 2004
January 28, 2004
December 2003
5.74
December 23, 2003
November 2003
5.79
November 25, 2003
October 2003
5.78
October 27, 2003
September 2003
5.89
September 25, 2003
August 2003
5.61
August 26, 2003
July 2003
5.34
July 25, 2003
June 2003
5.36
June 26, 2003
May 2003
5.58
May 28, 2003
April 2003
April 28, 2003
March 2003
March 27, 2003
February 2003
February 27 , 2003
January 2003
5.91
January 28, 2003
December 2002
December 26, 2002
November 2002
November 26, 2002
October 2002
6.09
October 25, 2002
September 2002
September 27, 2002
August 2002
6.32
August 28, 2002
July 2002
6.48
July 25, 2002
June 2002
6.62
June 26, 2002
May 2002
May 28, 2002
April 2002
6.88
April 26, 2002
March 2002
March 27, 2002
February 2002
February 27, 2002
January 2002
6.81
January 25, 2002
December 2001
6.69
December 27, 2001
November 2001
6.56
November 28, 2001
October 2001
6.66
October 26, 2001
September 2001
6.86
September 26, 2001
August 2001
6.99
August 28, 2001
July 2001
7.10
July 26, 2001
June 2001
June 26, 2001
May 2001
7.08
May 25, 2001
April 2001
7.01
April 26, 2001
March 2001
7.02
March 27, 2001
February 2001
February 27, 2001
January 2001
7.25
January 26, 2001
December 2000
7.59
December 26, 2000
November 2000
7.73
November 28, 2000
October 2000
7.81
October 26, 2000
September 2000
7.89
September 27, 2000
August 2000
8.00
August 29, 2000
July 2000
8.09
July 27, 2000
June 2000
8.17
June 27, 2000
May 2000
8.08
May 26, 2000
April 2000
April 27, 2000
March 2000
8.01
March 27, 2000
February 2000
7.95
February 25, 2000
January 2000
7.79
January 26, 2000
December 1999
7.55
December 27, 1999
November 1999
7.56
November 29, 1999
October 1999
October 27, 1999
September 1999
7.57
September 27, 1999
August 1999
7.48
August 26, 1999
July 1999
7.35
July 27, 1999
June 1999
7.14
June 25, 1999
May 1999
6.96
May 26, 1999
April 1999
6.94
April 27, 1999
March 1999
6.91
March 25, 1999
February 1999
6.82
February 25, 1999
January 1999
January 27, 1999
December 1998
6.76
December 24, 1998
November 1998
November 25, 1998
October 1998
October 27, 1998
September 1998
September 25, 1998
August 1998
6.98
August 26, 1998
July 1998
July 27, 1998
June 1998
7.06
June 26, 1998
May 1998
May 27, 1998
April 1998
7.09
April 27, 1998
March 1998
7.07
March 26, 1998
February 1998
February 26, 1998
January 1998
7.12
January 28, 1998
December 1997
7.26
December 24, 1997
November 1997
7.34
November 26, 1997
October 1997
7.37
October 28, 1997
September 1997
7.46
September 25, 1997
August 1997
7.47
August 26, 1997
July 1997
7.52
July 28, 1997
June 1997
7.67
June 26, 1997
May 1997
7.75
May 28, 1997
April 1997
April 25, 1997
March 1997
7.61
March 26, 1997
February 1997
7.53
February 26, 1997
January 1997
January 28, 1997
December 1996
7.45
December 27, 1996
November 1996
November 27, 1996
October 1996
7.68
October 25, 1996
September 1996
7.78
September 27, 1996
August 1996
7.76
August 28, 1996
July 1996
7.87
July 26, 1996
June 1996
7.77
June 27, 1996
May 1996
7.72
May 29, 1996
April 1996
April 26, 1996
March 1996
7.29
March 26, 1996
February 1996
7.13
February 27, 1996
January 1996
7.18
January 26, 1996
December 1995
7.22
December 28, 1995
November 1995
November 29, 1995
October 1995
October 26, 1995
September 1995
September 27, 1995
August 1995
7.60
August 25, 1995
July 1995
July 26, 1995
June 1995
7.62
June 27, 1995
May 1995
May 26, 1995
April 1995
7.99
April 26, 1995
March 1995
March 27, 1995
February 1995
February 27, 1995
January 1995
January 26, 1995
December 1994
December 27, 1994
November 1994
November 29, 1994
October 1994
October 25, 1994
September 1994
September 27, 1994
August 1994
August 25, 1994
July 1994
7.49
July 26,1994
June 1994
7.36
June 27, 1994
May 1994
7.33
May 25, 1994
April 1994
7.04
April 26, 1994
March 1994
6.84
March 25, 1994
February 1994
6.68
February 25, 1994
January 1994
January 26, 1994
December 1993
December 28, 1993
November 1993
6.60
November 30, 1993
October 1993
October 28, 1993
September 1993
September 27, 1993
August 1993
6.87
August 27, 1993
July 1993
6.95
July 27, 1993
June 1993
June 25, 1993
May 1993
May 25, 1993
April 1993
April 27, 1993
March 1993
7.17
March 26, 1993
February 1993
7.28
February 26, 1993
January 1993
January 27, 1993
December 1992
December 24, 1992
November 1992
November 30, 1992
October 1992
7.40
October 27, 1992
September 1992
7.44
September 25, 1992
August 1992
7.58
August 24, 1992
July 1992
July 27, 1992
June 1992
8.04
June 26, 1992
May 1992
8.20
May 26, 1992
April 1992
8.26
April 27, 1992
March 1992
8.14
March 26, 1992
February 1992
8.15
February 25, 1992
January 1992
8.02
January 24, 1992
December 1991
8.25
December 24, 1991
November 1991
8.43
November 21, 1991
October 1991
8.78
October 18, 1991
September 1991
8.93
September 23, 1991
August 1991
9.10
August 21, 1991
July 1991
9.12
July 17, 1991
June 1991
June 21, 1991
May 1991
9.23
May 17, 1991
April 1991
9.24
April 17, 1991
March 1991
9.26
March 15, 1991
February 1991
9.49
February 21, 1991
January 1991
9.54
January 18, 1991
December 1990
9.58
December 17, 1990
November 1990
9.69
November 15, 1990
October 1990
9.67
October 16, 1990
September 1990
9.70
September 14, 1990
August 1990
August 15, 1990
July 1990
9.85
July 18, 1990
June 1990
June 15, 1990
May 1990
9.83
May 16, 1990
April 1990
9.82
April 16, 1990
March 1990
9.74
March 15, 1990
February 1990
February 15, 1990
January 1990
9.68
January 16, 1990
December 1989
December 18, 1989
November 1989
9.80
November 16, 1989
October 1989
9.86
October 16, 1989
September 1989
September 15, 1989
August 1989
9.81
August 15, 1989
July 1989
10.10
July 14, 1989
June 1989
10.27
June 13, 1989
May 1989
10.13
May 15, 1989
April 1989
9.76
April 14, 1989
March 1989
9.62
March 15, 1989
February 1989
9.44
February 15, 1989
January 1989
9.31
January 17, 1989
December 1988
December 13, 1988
November 1988
9.16
November 16, 1988
October 1988
9.11
October 14, 1988
September 1988
8.98
September 15, 1988
August 1988
9.00
August 15, 1988
July 1988
July 15, 1988
June 1988
June 15, 1988
May 1988
8.90
May 16, 1988
April 1988
April 15, 1988
March 1988
8.84
March 15, 1988
February 1988
February 16, 1988
January 1988
8.92
January 15, 1988
December 1987
8.86
December 15, 1987
November 1987
8.89
November 13, 1987
October 1987
October 15, 1987
September 1987
8.91
September 11, 1987
August 1987
9.05
August 14, 1987
July 1987
July 15, 1987
June 1987
9.02
June 15, 1987
May 1987
May 15, 1987
April 1987
8.79
April 15, 1987
March 1987
8.80
March 13, 1987
February 1987
February 12, 1987
January 1987
9.19
January 13, 1987
December 1986
9.29
December 12, 1986
November 1986
9.48
November 12, 1986
October 1986
9.59
October 14, 1986
September 1986
9.71
September 11, 1986
August 1986
9.88
August 11, 1986
July 1986
July 11, 1986
June 1986
June 11, 1986
May 1986
May 12, 1986
April 1986
10.00
April 10, 1986
March 1986
10.24
March 12, 1986
February 1986
10.46
February 10, 1986
January 1986
10.40
January 13, 1986
December 1985
10.70
December 12, 1985
November 1985
10.80
November 13, 1985
October 1985
10.86
October 11, 1985
September 1985
10.76
September 13, 1985
August 1985
10.87
August 12, 1985
July 1985
11.02
July 12, 1985
June 1985
11.29
June 11, 1985
May 1985
11.62
May 10, 1985
April 1985
April 10, 1985
March 1985
11.72
March 13, 1985
February 1985
11.90
February 11, 1985
January 1985
12.09
January 14, 1985
December 1984
12.26
December 11, 1984
November 1984
12.38
November 15, 1984
October 1984
12.52
October 11, 1984
September 1984
12.43
September 12, 1984
August 1984
12.24
August 10, 1984
July 1984
12.03
July 12, 1984
June 1984
11.79
June 11, 1984
May 1984
11.63
May 11, 1984
April 1984
11.61
April 11, 1984
March 1984
11.69
March 13, 1984
February 1984
11.73
February 10, 1984
January 1984
11.70
January 13, 1984
December 1983
11.94
December 12, 1983
November 1983
12.11
November 15, 1983
October 1983
12.19
October 17, 1983
September 1983
September 13, 1983
August 1983
12.25
August 11, 1983
July 1983
12.18
July 13, 1983
June 1983
12.21
June 14, 1983
May 1983
12.36
May 13, 1983
April 1983
12.42
April 12, 1983
March 1983
12.61
March 14, 1983
February 1983
12.88
February 11, 1983
January 1983
13.04
January 12, 1983
December 1982
13.44
December 14, 1982
November 1982
13.74
November 13, 1982
October 1982
14.37
October 13, 1982
September 1982
14.71
September 13, 1982
August 1982
15.03
August 12, 1982
July 1982
14.96
July 13, 1982
June 1982
15.01
June 11, 1982
May 1982
15.57
May 12, 1982
April 1982
15.39
April 12, 1982
March 1982
15.07
March 12, 1982
February 1982
15.22
February 12, 1982
January 1982
15.37
January 12, 1982
December 1981
15.53
December 14, 1981
November 1981
15.80
November 12, 1981
October 1981
15.47
October 13, 1981
September 1981
15.38
September 14, 1981
August 1981
August 12, 1981
July 1981
14.77
July 13, 1981
June 1981
14.40
June 10, 1981
May 1981
14.19
May 12, 1981
April 1981
13.99
April 10, 1981
March 1981
13.91
March 12, 1981
February 1981
13.73
February 11, 1981
January 1981
13.24
January 13, 1981
December 1980
13.15
December 11, 1980
November 1980
12.85
November 10, 1980
October 1980
12.31
October 10, 1980
September 1980
12.00
September 11, 1980
August 1980
11.89
August 11, 1980
July 1980
12.23
July 11, 1980
June 1980
June 11, 1980
May 1980
May 21, 1980
April 1980
13.21
May 7, 1980
March 1980
12.56
April 7, 1980
February 1980
12.30
April 3, 1980
January 1980
11.78