HUD USER

SA = seasonally adjusted.
NSA = not seasonally adjusted.
SAAR = seasonally adjusted annual rate.
r = revised.
s = statistically significant.
n = not statistically significant.
u = statistical significance unavailable.
FHFA = Federal Housing Finance Agency.
NA = Not Available.
ARM = adjustable-rate mortgage.
DQ = delinquent.
FC = foreclosure.
FHA = Federal Housing Administration.
VA = U.S. Department of Veterans Affairs.
PMI = private mortgage insurance.
GDP = Gross Domestic Product.
URE = usual residence elsewhere.

Note: Components may not add to totals because of rounding.

* Commitment (advertized) rates on the 5-Yr ARM are now reported in place of rates on the 1-Yr ARM. Freddie Mac discontinued surveying lenders on the 1-Yr ARM as of January 2016.

** FHA market share estimates are based on new methodology beginning with the Q3 2013 report; estimates were revised back through Q1 2011. See the FHA Market Share report on their website for an explanation of the new methodology: http://portal.hud.gov/hudportal/HUD?src=/program_offices/housing/rmra/oe/rpts/fhamktsh/fhamktqtrly.

*** FHA mortgage applications and endorsements data have been revised to exclude Home Equity Conversion Mortgages (HECM) beginning with the Q3 2013 release.

**** Private mortgage insurers formed a new trade group, U.S. Mortgage Insurers (USMI), to replace Mortgage Insurance Companies of America (MICA). Data on private mortgage insurance are not yet available from USMI.

***** The share of previous-quarter shipments sold for residential use within four months of being shipped.