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Daily market update: Feb. 2, 2016

Mortgage rates plus all the latest daily real estate market news

We’ll add more market news briefs throughout the day. Check back to read the latest.

CoreLogic’s Home Price Index for December 2015:

  • Five┬ástates and the District of Columbia reached new home price highs.
  • Home prices were up 6.3 percent year-over-year.
  • The 2016 forecast is for home prices to increase 5.4 percent year-over-year.

corelogic-caseshiller-nationaltrends

Ten-X’s Real Estate Nowcast for January 2015:

  • Existing home sales are projected to fall between seasonally adjusted annual rates of 5.13 and 5.46 million sales.
  • This is up 9.8 percent from January 2015.
  • It’s also down 3 percent from December 2014.
A table showing existing home sales from Ten-X.

Ten-X existing home sales table

Mortgage rates:

 

Home equity rates:

 

Last week’s most recent market news:

Black Knight’s December 2015 Mortgage Monitor:

  • The total U.S. loan delinquency rate was 4.78 percent.
  • This is a 2.99 percent drop month-over-month in delinquency rate.
  • The total foreclosure pre-sale inventory rate was 1.37 percent.

black-knight-dec-2015-first-look

Email market reports to press@inman.com.

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