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Daily market update: Aug. 20, 2015

Our daily recap of market news, updated regularly with new tidbits

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Today's average 30-year fixed mortgage rate: 4.03. Yesterday's: 4.05. NAR's existing-home sales for July: Existing-home sales increased 2 percent month over month from June. Sales in July reached 5.79 million, the highest pace since February 2007. Sales have increased year over year for 10 consecutive months. The median existing-home price in July was $234,000.   ProTeck's home value forecast: Bellingham, Mount Vernon and Olympia-Tumwater in Washington were among the top core-based statistical areas (CBSAs). Jacksonville, Florida, and Jacksonville, North Carolina, were among the bottom CBSAs. San Francisco home levels are at an all-time high; Detroit, often called a "hot" housing market, is still struggling to return to prerecession levels.   RealtyTrac’s U.S. Foreclosure Market Report: U.S. properties with foreclosure filings rose by 14 percent on a year-over-year basis in July. Foreclosure activity also increased by 7 ...