fha mortgage loans, local mortgage broker, midwest family lending

(515) 252-7107


Mortgage Industry News

« Return to Mortgage Industry News

FHFA Home Prices See No Slowdown

Wednesday, January 23, 2019

The Federal Housing Finance Agency (FHFA) said its November Housing Price Index recorded an 0.4 percent gain compared to October.  The October increase, previously reported at 0.3 percent, was revised to 0.4 percent as well.  FHFA numbers, which are calculated from sales price information for homes financed with mortgages sold to or guaranteed by the GSEs Fannie Mae and Freddie Mac, appear to be moving counter to other indices which have shown price growth moderating.  With the exception of September, when it was 0.2 percent, FHFA's monthly number has held steady at 0.4 percent since last May.




Read Full Article


All my questions were answered and everything was explained so that we understood the whole process. As first time home buyers not knowing what to expect or how the home buying process worked it was nice having someone there to walk is through it. Charlie was more than helpful with getting us approved!
Amanda G.