US Home Prices Recorded a Substantial Rise of 6.3 Percent, FHFA Reports

US Home Prices Recorded a Substantial Rise of 6.3 Percent, FHFA Reports

The Federal Housing Finance Agency (FHFA) recently released its seasonally adjusted monthly House Price Index (HPI®), providing insights into the state of U.S. house prices. The October report reveals notable trends and... Read more »
Home prices increased 6.3% over last year in October: FHFA

Home prices increased 6.3% over last year in October: FHFA

U.S. house prices increased year over year in October, according to the Federal Housing Finance Agency (FHFA) House Price Index. However, the data shows it slowed down compared to the previous month. In fact, home prices... Read more »
FHFA Announces Conforming Loan Limit Values for 2024 — RISMedia

FHFA Announces Conforming Loan Limit Values for 2024 — RISMedia

The baseline conforming loan limit (CLL) for most U.S. mortgages backed by Freddie Mac and Fannie Mae in 2024 has increased from $726,200 to $766,550, an increase of $40,350 or 5.56% from... Read more »
CHLA voices support for attorney opinion letters to FHFA

CHLA voices support for attorney opinion letters to FHFA

The Community Home Lenders of America (CHLA) submitted a letter to the Federal Housing Finance Agency (FHFA) expressing its support for the use of attorney opinion letters (AOLs) on Wednesday. In the letter... Read more »
Low inventory drives U.S. home prices up 5.5% year over year in Q3: FHFA

Low inventory drives U.S. home prices up 5.5% year over year in Q3: FHFA

U.S. house prices rallied again in the third quarter of 2023. In fact, home prices rose 2.1% quarter over quarter and 5.5% year over year in Q3, according to the Federal Housing... Read more »

FHFA issues final rule on commingled securities for GSEs

The Federal Housing Finance Agency (FHFA) on Tuesday published a final rule that amends several provisions of the Enterprise Regulatory Capital Framework (ERCF) for government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac.... Read more »
FHFA failed to document desktop appraisal reviews, OIG says

FHFA failed to document desktop appraisal reviews, OIG says

The Federal Housing Finance Agency (FHFA) failed to adequately document desktop appraisal reports, which clouds data on the effectiveness of the desktop appraisal program, according to a report published by the FHFA... Read more »