Tag Archive for ‘FHFA’

30-Year Mortgage Rate At The Highest Level In Nearly Eight Years

Information compiled by Freddie Mac shows that mortgage rates are continuing to increase after a slight slowdown in the summer months. The 30-year FRM – Commitment rate, inched up considerably by 20 basis points to 4.83 percent from 4.63 percent in September. The October increase of the 30-year FRM – Commitment rate, is the highest level since the beginning of… Read More ›

Slight Increase in Mortgage Rates in August

The Federal Housing Finance Agency reported that mortgage rates on purchases of newly built homes (MIRS) rose by three basis points over the month of August 2018 to 4.63 percent, marking the tenth consecutive monthly increase. The FHFA contract rate for newly-built homes, also inched up one basis points to 4.63 percent in August. Information compiled by Freddie Mac suggests… Read More ›

Mortgage Rates Flatten in July

The Federal Housing Finance Agency reported that mortgage rates on purchases of newly built homes (MIRS) rose by one basis points over the month of July 2018 to 4.60 percent, marking the ninth consecutive monthly increase. The FHFA contract rate for Newly-built homes, also inched up 3 basis points to 4.62 percent in July. However, information compiled by Freddie Mac… Read More ›

Mortgage Rates Climb

The Mortgage Interest Rate Survey (MIRS) conducted monthly by the Federal Housing Finance Agency (FHFA) reported that contract mortgage rates rose in November 2016. Over the month, rates on all loans increased from 3.60 percent to 3.64 percent. Contract rates on both purchases of newly built homes and purchases of existing homes climbed during the month. Rates on purchases of… Read More ›

Rates Steady in October as Increases Expected

Nationally, the contract interest rate on conventional mortgages for home purchase held steady in October 2016. Over the month, the rate on conventional mortgages for home purchase was unchanged at 3.60%, according to data released by the Federal Housing Finance Agency (FHFA). Rates on the purchase of previously occupied homes ticked up 1 basis point to 3.62% while rates on new homes… Read More ›

Mortgage Rates Tick Up as LTV Ratio Ticks Down

Interest rates on conventional mortgages ticked up over the month of September 2016 according to data released by the Federal Housing Finance Agency (FHFA). However the increase in mortgage rates reflected a rise in the effective rate on previously occupied homes. Rates on new homes fell in September. The FHFA data show that the effective rate on all homes ticked… Read More ›

FHFA and S&P/Case-Shiller Home Prices in November

Recently, S&P Dow Jones Indices and the Federal Housing Finance Agency (FHFA) released their home price indexes for November. The Case-Shiller (CS) National Home Price Index, reported by S&P Dow Jones Indices, rose at a 10.9% seasonally adjusted annual pace in November. The Home Price Index from the Federal Housing Finance Agency (FHFA) rose at a seasonally adjusted annual rate… Read More ›

Home Prices in October — Moving Toward the Trend Line

The Case-Shiller (CS) National Home Price Index, released by S&P Dow Jones Indices, rose at a seasonally adjusted annual rate of 11.0% in October. The Home Price Index from the Federal Housing Finance Agency (FHFA) rose at a seasonally adjusted annual rate of 6.0%. Both indexes show monthly volatility but the trend has been relatively flat over 2014 and 2015…. Read More ›