MORTGAGE RATES | | |
Freddie Mac Primary Mortgage Market Survey® | Current Week (ending September 11, 2008) | Prior Week (ending September 4, 2008) |
| 5.93
% | 6.35
% |
| 5.54
% | 5.90
% |
| 5/1-Year Adjustable Rate Mortgages | | 5.87
% | 5.97
% |
| 1-Year Adjustable Rate Mortgages | | 5.21
% | 5.15
% |
|
HOUSE PRICES | | |
OFHEO House Price Index (HPI) | Quarterly Price Change (2008Q1-2008Q2) | Four-Quarter Price Change (2007Q2-2008Q2) |
| All-Transactions U.S. Index | | -1.4% | -1.7% |
| "Purchase-Only" U.S. Index (Seasonally Adjusted) | | -1.4% | -4.8% |
Average House Prices (used to compute conforming loan limit) | October 2007 - July 2008 Price Change | October 2006 - October 2007 Price Change |
| 4.6% | -3.5% |