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Daily market update: Jan. 12, 2016

Published on Jan 12, 2016

We'll add more market news briefs throughout the day. Check back to read the latest.National Association of Realtors 2016 housing and economic forecast:NAR Chief Economist Lawrence Yun predicted that the housing market might see a 1 to 3 percent growth in sales. He said home prices would continue to rise in 2016. Yun estimated that 2015 existing-home sales would finish 6.5 percent up from 2014.CoreLogic's November 2015 National Foreclosure Report:Foreclosures were down 21.8 percent year-over-year. Completed foreclosures were down 10.9 percent month-over-month. Florida leads the nation with 83,000 completed foreclosures.American Banker's Association's 2015 third-quarter delinquencies:Delinquencies (a late payment 30 or more days overdue) rose in six of 11 loan categories. The composite ratio rose 5 basis points to 1.41 percent of all accounts. Home equity line delinquencies fell 3 basis points to 1.31 percent of all accounts and propert...

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