Inman

Daily market update: Aug. 24, 2015

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Current mortgage rates:


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Mortgage rate history:


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This week/last week:


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DOW Jones industrial averages:

Black Knight Financial Services’ June 2015 home price data:

  • US home price index is now at $252,000, 5.8 percent off June 2006 peak of $286,000.
  • This is up 26 percent from the market’s lowest price.
  • Thirteen of the nation’s 40 largest metro areas hit new peaks in June.

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

Friday’s market news:

Black Knight’s first look at July mortgage data:

  • The total U.S. loan delinquency rate (30 or more days past due but not in foreclosure) is 4.7 percent, down 2.2 percent from June and down approximately 16.5 percent from July 2014.
  • Total U.S. presale inventory foreclosure rate is 1.4 percent, down approximately 3.8 percent from June and down 24.2 percent from July 2014.
  • The total U.S. foreclosure starts in July 2015 numbered 75,400, down approximately 4.6 percent from June and down approximately 16.9 percent from July 2014.

 

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