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Federal Housing Finance Agency Reports Mortgage Interest Rates

Washington, DC - September 27, 2012 - (RealEstateRama) -- The Federal Housing Finance Agency (FHFA) today reported that the National Average Contract Mortgage Rate for the Purchase of Previously Occupied Homes by Combined Lenders, used as an index in some adjustable-rate mortgage (ARM) contracts, was 3.56 percent based on loans closed in August. There was a decrease of 0.10 percent from the previous month. In March of 2012, FHFA began calculating interest rates using un-weighted survey data.

Business Real Estate Press Releases

Before Kitchen Remodel - Revive

Is this the summer of the kitchen renovation?

Could the heart of your home benefit from a facelift this summer? Your timing could be spot-on, as 2025 is shaping up to be “the summer of the kitchen renovation,” according to the experts at Revive, a leading presale home renovation company.

Recent Gov & Nonprofit Real Estate Press Releases