Archive Links

Consumer Archive
CU System Archive
Market Archive
Products Archive
Washington Archive
150x172_CUEffect.jpg
Contacts
LISA MCCUEVICE PRESIDENT OF COMMUNICATIONS
EDITOR-IN-CHIEF
MICHELLE WILLITSManaging Editor
RON JOOSSASSISTANT EDITOR
ALEX MCVEIGHSTAFF NEWSWRITER
TOM SAKASHSTAFF NEWSWRITER

News Now

Market
FHFA Data Shows Home Prices Up 0.3%
WASHINGTON (10/24/13)--Federal Housing Finance Agency data released on Wednesday shows that home prices in the United States increased by 0.3% in August.

The rise in the agency's seasonally adjusted House Price Index (HPI) marks the nineteenth consecutive month that homes in the U.S. have appreciated in value, according to the measure.
 
In July, the HPI increased by 0.8%--a measure initially recorded at 1% before being revised downward.

The government shutdown could have a significant effect on home prices in October, according to Mortgage Bankers Association data. The real estate finance trade association said that purchase applications for government programs were down by more than 7% for the week ending Oct. 11, with the organization's Purchase Index down 4.8%, and the government's share of purchase applications at its lowest level in three years (Market News Oct 17).
 
The HPI is calculated with home prices from mortgages sold to or guaranteed by Fannie Mae and Freddie Mac.


RSS





print
News Now LiveWire
.@fileneresearch IDs 5 challenges for #women in #creditunion leadership http://t.co/GAYbw2dcCl
45 minutes ago
It's Monday, time for another data breach release: @Uber's driver database via @pymnts #Stopthedatabreaches http://t.co/UoMcy4j5n4
1 hour ago
.@Nussle, Cummins share #creditunion difference with Minn. biz journal http://t.co/7EZ4FdgfD9
2 hours ago
.@cuna #GAC2015 countdown: @USTreasury 's Gerety, @CFPB 's Martinez join power-packed lineup http://t.co/nHNJ81tGbi
3 hours ago
A recent report from @TransUnion says consumers born 1981 or later made up 27% of total auto-loan originations in 2014, up 16% from 2009.
23 hours ago