Search & Filter
-
Fannie Mae and Freddie Mac Help More than 2.3 Million Homeowners Keep their Homes
Washington, D.C. – Fannie Mae and Freddie Mac completed more than 130,000 foreclosure prevention actions during the first quarter of 2013, bringing the total foreclosure prevention actions to nearly 2.8 million since the start of conservatorship in 2008. These actions have helped more than 2.3...
-
FHFA Index Shows Mortgage Interest Rates Dipped in May 2013
Washington, D.C. – National data show interest rates on mortgages decreased from April to May. Contract mortgage interest rates decreased slightly from April to May—down 0.15 percent from April, according to an index of new mortgage contracts. According to the Federal Housing Finance Agency (FHFA)...
-
FHFA House Price Index Up 0.7 Percent in April
Washington, D.C. – U.S. house price appreciation continued in April 2013, rising 0.7 percent on a seasonally adjusted basis from the previous month, according to the Federal Housing Finance Agency (FHFA) House Price Index (HPI). The previously reported 1.3 percent increase in March was revised...
-
FHFA Releases Fifth Annual Report to Congress
Washington, D.C. – The Federal Housing Finance Agency (FHFA) today released its annual Report to Congress, detailing the agency’s 2012 examinations of Fannie Mae, Freddie Mac (the Enterprises), the 12 Federal Home Loan Banks (FHLBanks), and the FHLBanks’ joint Office of Finance. In its fifth annual...
-
Refinance Volume Remains High In March
Washington, D.C. – The Federal Housing Finance Agency (FHFA) today released its March 2013 Refinance Report, which shows that refinance volumes remained high as mortgage rates rose slightly but stayed near historic low levels. Nearly 462,000 refinances took place in March, with nearly 100,000...
-
Fannie Mae and Freddie Mac to Extend Loan Modification Programs
Washington, D.C. – The Federal Housing Finance Agency (FHFA) has directed Fannie Mae and Freddie Mac to extend two programs that help troubled borrowers stay in their homes. Both the Home Affordable Modification Program (HAMP) and the streamlined modification initiative will now be extended through...
-
FHFA Index Shows Mortgage Interest Rates Remain Low in April 2013
Washington, D.C. – National data show interest rates on mortgages are stable at low levels. Contract mortgage interest rates increased slightly in April—up 0.02 percent from March, according to an index of new mortgage contracts. According to the Federal Housing Finance Agency (FHFA), the National...
-
U.S. House Prices Rose 1.9 Percent in First Quarter 2013
Washington, D.C. – Upward momentum in U.S. house prices remained strong in the first quarter of this year, rising 1.9 percent from the previous quarter, according to the Federal Housing Finance Agency (FHFA) House Price Index (HPI). This is the seventh consecutive quarterly price rise in the...
-
FHFA Receives Top Award for Fiscal Accountability Reporting
Washington, D.C. – The Federal Housing Finance Agency (FHFA) was honored with a fifth consecutive Certificate of Excellence in Accountability Reporting (CEAR) award last evening for the agency’s 2012 Performance and Accountability Report (PAR). The CEAR award is the highest award from the...
-
Refinance Volume Continues Strong Pace Through February
Washington, D.C. – The Federal Housing Finance Agency (FHFA) today released its February 2013 Refinance Report, which shows that refinance volumes remained high as mortgage rates hovered near historic low levels. More than 463,000 refinances took place in February, with 97,738 completed through the...