AgentBrokerage

Daily market update: Feb. 19, 2016

Mortgage rates plus all the latest daily real estate market news

Power up your Indie Brokerage
Don't miss Indie Broker Summit SF, Aug 7, 2017

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

Mortgage rates:

 

Home equity rates:

 

Yesterday’s most recent market news:

Mortgage Bankers Association’s National Delinquency Survey:

  • The delinquency rate for mortgage loans on one-to-four-unit residential properties dropped to a seasonally adjusted rate of 4.77 percent of all loans.
  • This is the lowest level since the third quarter of 2006.
  • Loans on which foreclosure actions were started comprised 0.36 percent of all loans, down two basis points quarter-over-quarter.

 

unnamed

Freddie Mac’s Primary Mortgage Market Survey:

  • The 30-year fixed-rate mortgage (FRM) averaged 3.65 percent with an average 0.5 point for the week ending Feb. 18, 2016.
  • This is unchanged from last week.
  • One year ago, the 30-year FRM averaged 3.76 percent.

pmms_chart

Email market reports to press@inman.com.