Mortgage

FHFA: Home Prices Rise in Q3

U.S. home prices rose 0.6 percent in September and 1.5 percent in the third quarter, according to the Federal Housing Finance Agency’s House Price Index released today.

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FHFA: HARP Refinances Continue to Decline

More than 626,000 borrowers refinanced their Fannie Mae or Freddie Mac mortgage loans in the third quarter, with 15,597 refinanced through the Home Affordable Refinance Program, the Federal Housing Finance Agency said yesterday.

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FHA Insurance Fund Performance Improves

The Federal Housing Administration said today that the capital ratio for its mortgage insurance fund has reached 2.32 percent, a reflection of continued improvements in the housing market and the second year in a row since 2008 that the fund has reached the congressionally mandated 2 percent level.

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Fed Survey: CRE Loan Standards Tighten; C&I Holds Steady

Bankers continued tightening credit for commercial real estate loans in the last three months while holding steady on other business loans and consumer loans and easing credit standards slightly in their home mortgage portfolios, according to the Federal Reserve’s latest senior loan officer survey released today.

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