U.S. house prices rose in February, up 0.8 percent from the previous month, according to the Federal Housing Finance Agency seasonally adjusted monthly House Price Index. The previously reported lack of change in January was revised upward to a 0.2 percent increase.

The FHFA monthly HPI is calculated using home sales price information from mortgages sold to, or guaranteed by, Fannie Mae and Freddie Mac. From February 2016 to February 2017, house prices were up 6.4 percent.

The FHFA also reported that the National Average Contract Mortgage Rate for the Purchase of Previously Occupied Homes by Combined Lenders Index was 4.12 percent for loans closed in late March, down 15 basis points from 4.27 percent in February.

The average interest rate on all mortgage loans was 4.12 percent, down 13 basis points from 4.25 in February.

The average interest rate on conventional, 30-year, fixed-rate mortgages of $424,100 or less was 4.24 percent, down 17 basis points from 4.41 in February.

The effective interest rate on all mortgage loans was 4.25 percent in March, down 13 basis points from 4.38 in February. The effective interest rate accounts for the addition of initial fees and charges over the life of the mortgage.

The average loan amount for all loans was $312,700 in March, up $11,100 from $301,600 in February.

Transactions

Plainsboro

518 Sayre Drive on April 21. Seller: Patricia Fenner. 2BR townhouse. $420,000 (+$100).

501 Aspen Drive on April 21. Seller: Anushree Bhatkhande. 2BR condo. $203,000 (-$7,000).

2304 Windrow Drive on April 25. Seller: Bryce & Carolyn Russell. Studio condo. $168,000 (-$27,000).

94 Tennyson Drive on April 27. Seller: Ahamed Kabir & Sehyia Jalaluheen. 3BR townhouse. $381,000 (-$20,900).

5 Adams Court on April 28. Seller: Yuan-ping Ting & Wen-hua Shui. 5BR single-family house. $702,000 (-$13,000).

538 Sayre Drive on April 28. Seller: Mary & Margie Wang. 2BR townhouse. $390,000 (-$9,000).

5 Jeffers Road on April 28. Seller: May Houtenville. 4BR single-family house. $360,000 (+$100).

712 Ravens Crest Drive East on April 28. Seller: Sameer Yeolekar. 2BR condo. $195,000 (-$4,999).

2313 Windrow Drive on April 28. Seller: Bruce Jeffries Fox. Studio condo. $168,800 ($41,200).

West Windsor

6 Farmington Court on April 19. Seller: Myunghe & Yi Hyon Paik. Buyer: Hong Zheng & Tan Li. 4BR single-family house. $765,000 (-$34,000).

61 North Mill Road on April 20. Seller: Marvin Margarete & Hertha Petrone. Buyer: Victor Kogan. 3BR single-family house. $360,000 (+$5,000).

8 Hawthorne Drive on April 21. Seller: Amit & Anupaben Patel. Buyer: Sanchit & Neha Mullick. 5BR single-family house. $870,500 (-$8,500).

10 Colgate Circle on April 21. Seller: Xiaolan Zhu & Yonghao Yang. Buyer: Yuanqing Gu & Yajuan Li. 5BR single-family house. $652,000 (-$17,000).

1390 Old Trenton Road on April 21. Seller: Xiangjun Shi & Junying Xie. Buyer: Syed Ali & Qudsiya Hussain. 3BR single-family house. $368,000 (-$6,900).

454 Cranbury Road on April 21. Seller: Shao-lin Wang. Buyer: Balasubramanian Muthuswamy & Revathi Sankaran. 3BR single-family house. $249,000.

23 Dorset Court on April 27. Seller: Eun Hyeok Chung & Hyun Hee Park. Buyer: Suk Fun Chiu & Mark Wu. 3BR townhouse. $495,000 (-$14,000).

413 Clarksville Road on April 27. Seller: Alexander & Alex Koltchev. Buyer: Alexander & Adriana Franco. 3BR single-family house. $380,000 ($9,900).

134 South Mill Road on April 28. Seller: Matthew & Malini Ireland. Buyer: Philip Rolleri & Alison Lam. 4BR single-family house. $842,500 (-$46,388).

50 Spruce Street on April 28. Seller: Charles & Joan Carluccio. Buyer: Maheswari Gorla & Chandra Yarrabolu. 4BR single-family house. $795,000.

28 Van Wyck Drive on April 28. Seller: Patrick & Diane Young. Buyer: Yogesh Verma & Madaline Tanasie. 5BR single-family house. $646,000 (-$4,000).

32 Park Hill Terrace on April 28. Seller: Estate of William Hurley. Buyer: Rajesh Ramachandran. 4BR single-family house. $527,000 (-$33,000).

41 Montgomery Street on April 28. Seller: CLP 41 Montgomery PJNJ LLC. Buyer: Jeluen Li & Yanmei Wang. 3BR single-family house. $419,000.