Mortgage rates plus all the latest real estate market news.

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

Weekly mortgage rates:


Powered by MortgageCalculator.org


Powered by MortgageCalculator.org

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

Yesterday’s market news:

First American Financial Corp.’s Existing Home Sales Capacity (EHS-C) model:

  • The EHS-C rate increased by 0.4 percent in August 2015 compared with July and decreased by 1.1 percent year over year.
  • The EHS-C increased by 26,000 (seasonally adjusted, annualized rate) in August.
  • In 2015 (through July), existing-home sales have increased by almost 800,000 sales.

capacity-home-sales-finds-an-equilibrium

 

U.S. Census Bureau new residential construction starts for August 2015:

  • Building permits for privately owned housing units in August were at a seasonally adjusted annual rate of 1.17 million, 3.5 percent higher than the revised July 2015 rate and 12.5 percent above the August 2014 estimate.
  • Single-family authorizations were at a rate of 699,000 in August, 2.8 percent above the revised July figure of 680,000.
  • Single-family housing starts in August were at a rate of 739,000, 3.0 percent below the revised July figure of 762,000.

 

Zillow’s student debt and housing analysis:

  • Student debt does not significantly reduce the chance of owning a house — as long as the student graduates.
  • The chances of a married couple with no student debt owning a home are about 69.8 percent if at least one of them has a bachelor’s degree. If the same couple has $30,000 in student debt, their homeownership chances drop 2.1 percent to 67.7 percent.
  • The people least likely to own homes are those with student debt and no degree.
Student Loans and Homeownership (PRNewsFoto/Zillow)

Student Loans and Homeownership (PRNewsFoto/Zillow)

 

Fannie Mae’s Mortgage Sentiment Survey for 3Q 2015:

  • Lenders report easing credit standards during 3Q across all loan types.
  • Lenders who reported increased purchase demand fell slightly in 3Q 2015 from 2Q 2015 but remains high compared with 2014.
  • Lenders reporting an increased profit margin outlook over the next quarter fell quarter over quarter but was similar to 2015 levels.

fannie-mae-mortgage-sentiment

 

Freddie Mac’s Primary Mortgage Market Survey:

  • For the week ending Sept. 17, 2015, 30-year fixed-rate mortgages averaged 3.91 percent with an average 0.6 point, up from 3.9 percent last week.
  • 15-year fixed-rate mortgages averaged 3.11 percent with an average 0.6 point, up from 3.1 percent last week.
  • 5-year Treasury-indexed hybrid adjustable-rate mortgages averaged 2.92 percent with an average 0.5 point, up from 2.91 percent last week.

pmms_chart

 

Re/Max’s September 2015 National Housing Report:

  • August 2015 home sales were 5 percent higher than sales in August 2014.
  • August sales were also 27.6 percent greater than sales in August 2008.
  • Completed transactions in August were lower than July 2015 by 11.4 percent.

remax-august-2015-housing-data

Send 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
×