AgentBrokerage

Daily market update: March 18, 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.

Mortgage rates:

 

Home equity rates:

Yesterday’s most recent market news:

Re/Max March 2016 National Housing Report:

  • Home sales rose 4.8 percent year-over-year.
  • The median sales price rose 5.9 percent year-over-year.
  • We currently have 4.0 months supply of inventory.

NHR_March_2016_2_low

Freddie Mac’s Primary Mortgage Market Survey:

  • The 30-year fixed-rate mortgage averaged 3.73 percent with an average 0.5 point for the week ending March 17, 2016.
  • This is up from 3.68 percent last year.
  • A year ago, the 30-year fixed rate mortgage averaged 3.78 percent.

Freddie Mac's Primary Mortgage Market Survey March 17, 2016

CoreLogic’s March 2016 Market Pulse Report:

  • The home price index is up 6.9 percent year-over-year.
  • Home equity is up $6 trillion since the Great Recession.
  • Completed foreclosures are down 16.2 percent year-over-year.

report_highlights_mktpulse_1603_01

Email market reports to press@inman.com.

Comments