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 decreased 1 basis point to 5.09 percent in November. The average interest rate on 15-year, fixed-rate loans of $417,000 or less...

Washington, D.C. – FHFA Acting Director Edward J. DeMarco today detailed new executive management compensation programs for top executives at Fannie Mae and Freddie Mac. The programs were adopted by the Boards of Directors of Fannie Mae and Freddie Mac and approved by FHFA, in consultation with the...

Washington, D.C. – U.S. house prices rose 0.6 percent on a seasonally adjusted basis from September to October, according to the Federal Housing Finance Agency’s monthly House Price Index. The previously reported 0.0 (zero) percent change in September was revised to a 0.4 percent decline. For the 12...

Washington, D.C. – U.S. house prices rose modestly in the third 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 today reported that the average interest rate on conventional 30-year, fixed-rate, mortgage loans of $417,000 or less decreased 13 basis points to 5.10 percent in October. The average interest rate on 15-year, fixed-rate loans of $417,000 or less...

Washington, D.C. - Fannie Mae and Freddie Mac completed nearly 32,000 home retention actions in August 2009, a 32 percent increase from July. Separately, trial mortgage loan modifications under the Administration’s Home Affordable Modification Program (HAMP) increased nearly 30 percent from...

Washington, D.C. – Edward J. DeMarco, Acting Director of the Federal Housing Finance Agency (FHFA) today released FHFA’s 2009 Performance and Accountability Report (PAR) detailing the agency’s performance and achievements for fiscal year 2009. "FHFA played a leadership role in working with other...

​​Washington, D.C. – The Federal Housing Finance Agency (FHFA) today announced that the maximum conforming loan limits for mortgages originated in 2010 will remain unchanged from the maximum levels for 2009 originations. The maximum loan limits for counties across the United States can be found here...

Washington, D.C. – Federal Housing Finance Agency (FHFA) Acting Director Edward J. DeMarco today announced that he has reaffirmed the status of the Federal Home Loan Bank of Seattle (Seattle Bank) as "Undercapitalized" under the FHFA’s Prompt Corrective Action Regulation. This determination...

Washington, D.C. – Fannie Mae and Freddie Mac refinanced more than 3.5 million mortgage loans in 2009 through September of this year. In the month of September, 262,000 mortgages were refinanced—a drop from the volume of the preceding month—with mortgage rates still higher than levels observed in...