Following the Federal Open Market Committee's decision to leave interest rates untouched, the Federal Housing Finance Agency reported Thursday that interest rates on conventional purchase-money mortgages fell in September.
Read More »Refinances Decline in August Following a Three-Month Rise in Rates
Refinances appear to be cooling off after volume levels decreased in August, while mortgage rates rose for three consecutive months through July, according to the Federal Housing Finance Agency's August 2015 Refinance Report.
Read More »Mortgage Interest Rates Fall in August
Interest rates on conventional purchase-money mortgages decreased three basis points from 4.02 percent in July to 3.99 percent in August for loans closed at the end of August, according to a index from the Federal Housing Finance Agency.
Read More »Home Prices Increased in July as Job Market Improves & Demand Rises
As the job market continues to improve and buyers move in on a limited supply of homes, home prices increased in July, the Federal Housing Finance Agency reported Tuesday.
Read More »FHFA to Implement Common Securitization Platform at Freddie Mac First
The Federal Housing Fiance Agency issued an update to their Common Securitization Platform on Tuesday outlining the progress that as been made in developing a new infrastructure for the securitization of single-family mortgages by Fannie Mae and Freddie Mac.
Read More »Mortgage Interest Rates Rise Despite Hesitant Fed
Mortgage interest rates appear to be following a pattern of ups and downs, especially as consumers anticipate the Federal Reserve's rate hike.
Read More »HARP Refinances Hold Steady in Q2
Loans refinanced through the Home Affordable Refinance Program held steady for the second quarter of 2015. According to the Federal Housing Finance Agency's Refinance Report, the total number of loans refinanced through HARP in the second quarter was nearly the same as the number recorded in first quarter.
Read More »Home Prices Rise in Q2, While July Home Values Decline
Home prices in the U.S. rose 1.2 percent in the second quarter of 2015 for the 16th consecutive month, while home values lowered in July for the first time in four years.
Read More »Fannie Mae and Freddie Mac Surpass FHFA Credit Risk Transfer Goals
Fannie Mae and Freddie Mac have surpassed the credit risk transfer goals set by their conservator in just three years. According to the FHFA's Overview of Fannie Mae and Freddie Mac Credit Risk Transfer Transactions for August 2015 released Friday, the GSEs transferred significant credit risk on loans totaling more than 667 billion dollars in unpaid principal balance.
Read More »FHFA Issues Fannie Mae & Freddie Mac Final Affordable Housing Goals Rule
The Federal Housing Finance Agency announced a final rule establishing the housing goals for Fannie Mae and Freddie Mac for both single-family and multifamily housing.
Read More »