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

U.S. Department of Housing and Urban Development/U.S. Census Bureau’s February 2016 new residential sales:

  • Sales of new single-family homes were at a seasonally adjusted annual rate of 512,000.
  • This is 2.0 percent higher than January but 6.1 percent below the February 2015 estimate.
  • The median sales price of new homes sold in February 2016 was $301,400; the average sales price was $348,900.

Black Knight Financial Services’ First Look at February 2016 mortgage data:

  • The total U.S. loan delinquency rate was 4.45 percent, down 12.57 percent month-over-month and 15.93 percent year-over-year.
  • The total foreclosure pre-sale inventory rate was 1.30 percent, down 0.64 percent month-over-month and 24.59 percent year-over-year.
  • The total foreclosure starts were 84,300, up 17.25 percent month-over-month and 9.20 percent year-over-year.

Mortgage Bankers Association’s Weekly Applications Survey:

  • Mortgage applications decreased 3.3 percent week-over-week on a seasonally adjusted basis.
  • The refinance share of mortgage activity decreased to 53.9 percent of total applications from 55.0 percent the previous week.
  • The average contract interest rate for a 30-year fixed-rate mortgage with conforming loan balances decreased to 3.93 percent from 3.94 percent the previous week.

Mortgage rates:

[graphiq id=”b2w6fmfIyNL” title=”30-Year Fixed Rate Mortgage Rates for the Past 6 Months” width=”600″ height=”400″ url=”https://w.graphiq.com/w/b2w6fmfIyNL” link=”http://mortgage-lenders.credio.com” link_text=”30-Year Fixed Rate Mortgage Rates for the Past 6 Months | Credio”]

[graphiq id=”2NvK9Bl9HIF” title=”15-Year Fixed Rate Mortgage Rates for the Past 6 Months” width=”600″ height=”400″ url=”https://w.graphiq.com/w/2NvK9Bl9HIF” link=”http://mortgage-lenders.credio.com” link_text=”15-Year Fixed Rate Mortgage Rates for the Past 6 Months | Credio”]

 

Home equity rates:

[graphiq id=”kPkTJrAnX5r” title=”Average Home Equity Loan Bank Rates by State” width=”600″ height=”465″ url=”https://w.graphiq.com/w/kPkTJrAnX5r” link=”http://mortgage-lenders.credio.com” link_text=”Average Home Equity Loan Bank Rates by State | Credio”]

[graphiq id=”dP0v3iYOnH” title=”Average Home Equity Loan Credit Union Rates by State” width=”600″ height=”465″ url=”https://w.graphiq.com/w/dP0v3iYOnH” link=”http://mortgage-lenders.credio.com” link_text=”Average Home Equity Loan Credit Union Rates by State | Credio”]

Yesterday’s most recent market news:

First American’s Real Estate Sentiment Index (RESI) for Q1 2016:

  • The RESI decreased 4.4 percent from Q4 2015.
  • Quarter over quarter, purchase market sentiment declined 4.2 percent.
  • Refinance mortgage sentiment declined 4.9 percent quarter-over-quarter.

Federal Housing Finance Agency’s January 2016 Home Price Index:

  • The home price index was up 0.5 percent nationally month-over-month on a seasonally adjusted basis for January 2016.
  • The index was up 6.0 percent year-over-year.
  • Monthly price changes ranged from -1.0 percent in the Middle Atlantic census division to 1.7 percent in the South Altantic census division.

FHFA-january-index

Email market reports to press@inman.com.

Show Comments Hide Comments
Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
By submitting your email address, you agree to receive marketing emails from Inman.
Success!
Thank you for subscribing to Morning Headlines.
Back to top
Only 3 days left to register for Inman Connect Las Vegas before prices go up! Don't miss the premier event for real estate pros.Register Now ×
Limited Time Offer: Get 1 year of Inman Select for $199SUBSCRIBE×
Log in
If you created your account with Google or Facebook
Don't have an account?
Forgot your password?
No Problem

Simply enter the email address you used to create your account and click "Reset Password". You will receive additional instructions via email.

Forgot your username? If so please contact customer support at (510) 658-9252

Password Reset Confirmation

Password Reset Instructions have been sent to

Subscribe to The Weekender
Get the week's leading headlines delivered straight to your inbox.
Top headlines from around the real estate industry. Breaking news as it happens.
15 stories covering tech, special reports, video and opinion.
Unique features from hacker profiles to portal watch and video interviews.
Unique features from hacker profiles to portal watch and video interviews.
It looks like you’re already a Select Member!
To subscribe to exclusive newsletters, visit your email preferences in the account settings.
Up-to-the-minute news and interviews in your inbox, ticket discounts for Inman events and more
1-Step CheckoutPay with a credit card
By continuing, you agree to Inman’s Terms of Use and Privacy Policy.

You will be charged . Your subscription will automatically renew for on . For more details on our payment terms and how to cancel, click here.

Interested in a group subscription?
Finish setting up your subscription
×