Federal Housing Finance Agency Reports Mortgage Interest Rates
November 24, 2009 Posted by FHFA
Washington, DC - November 24, 2009 - (RealEstateRama) — 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 decreased 15 basis points to 4.62 percent in October. These rates are calculated from the FHFA’s Monthly Interest Rate Survey (MIRS) of purchase-money mortgages. These results reflect loans closed during the October 26-31 period. Typically, the interest rate is determined 30 to 45 days before the loan is closed. Thus, the reported rates depict market conditions prevailing in mid- to late-September.
Federal Housing Finance Agency Reports Mortgage Interest Rates
October 27, 2009 Posted by FHFA
Washington, DC - October 27, 2009 - (RealEstateRama) — 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 7 basis points to 5.23 percent in September. The average interest rate on 15- year, fixed-rate loans of $417,000 or less increased 15 basis points to 4.77 percent in September. These rates are calculated from the FHFA’s Monthly Interest Rate Survey (MIRS) of purchase-money mortgages.
Federal Housing Finance Agency Reports Mortgage Interest Rates
July 28, 2009 Posted by FHFA
Washington, DC - July 28, 2009 - (RealEstateRama) — 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 increased 24 basis points to 5.12 percent in June. The average interest rate on 15-year, fixed-rate loans of $417,000 or less increased 9 basis points to 4.80 percent in June. These rates are calculated from the FHFA’s Monthly Interest Rate Survey (MIRS) of purchasemoney mortgages. These results reflect loans closed during the June 24-30 period. Typically, the interest rate is determined 30 to 45 days before the loan is closed. Thus, the reported rates depict market conditions prevailing in mid- to late-May.
FHFA Launches New Integrated Accounting System
July 8, 2009 Posted by FHFA
Washington, DC - July 8, 2009 - (RealEstateRama) – The Federal Housing Finance Agency (FHFA) has implemented a single, integrated accounting system—another major milestone for the young Agency. FHFA was established last July, by the Housing and Economic Recovery Act of 2008 (HERA).
Federal Housing Finance Agency Reports Mortgage Interest Rates
December 30, 2008 Posted by FHFA
Washington, DC - December 30, 2008 - (RealEstateRama) — 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 increased 5 basis points to 6.17 percent in November.
