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

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”]

Most recent market news:

Mortgage Bankers Association’s weekly applications survey:

  • Mortgage applications decreased 11.2 percent from one week earlier.
  • The Refinance Index decreased 15 percent week-over-week.
  • The seasonally adjusted Purchase Index decreased 3 percent week-over-week to its lowest level since February 2016.

Federal Housing Finance Agency’s mortgage rate indices for June 2016:

  • Interest rates on conventional mortgages were little changed from May 2016 to June 2016.
  • The average interest rate on all mortgage loans was 3.70 percent.
  • The average loan amount was $333,900 in June, up $4,400 from May.

July_2016_MIRS

Freddie Mac’s Multi-Indicator Market Index (MiMi):

  • The national MiMi value stands at 85.
  • This is up 1.05 percent month-over-month and 2.39 percent quarter-over-quarter.
  • Year-over-year, the MiMi is up 7.30 percent.

Email market reports to press@inman.com.

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