price index

Those penalties also would be adjusted each year, depending on changes in the consumer price index.

Rival lender, the Halifax, will publish its house price index for September in the coming days.

Bureau of Labor Statistics’ consumer price index in April for the Los Angeles area was 3.9% — add 5% to that and you have this year’s limit of 8.9% for the county of Los Angeles.

The number is still higher than the Federal Reserve’s target of 2 percent, which it defines using a different but related price index.

The Personal Consumption Expenditures price index rose 2.7 percent from a year earlier, the same level as in March.