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.

Freddie Mac’s September 2015 Insights & Outlook:

  • Home sales this year are expected to be the highest since 2007.
  • Low mortgage rates and the decline in unemployment is boosting demand for homes.
  • Freddie Mac has increased its estimate of 2015 mortgage originations to $1.53 trillion and 2016 originations to $1.40 trillion.

Weekly mortgage rates:

Powered by

Powered by

Yesterday’s market news:

CoreLogic’s cash sales blog post:

  • Cash sales comprised 31.3 percent of total home sales in June 2015, down from 33.9 percent year-over-year.
  • Cash shares fell by 0.7 percentage points in June 2015 compared with May 2015.
  • Prior to the great recession, cash sales share of total home sales averaged about 25 percent.

unnamed’s advance read on market trends and hotness index:

  • The national median list price is $230,000, down 1 percent over August 2015 and up 6 percent year-over-year.
  • The median age of inventory is now 80 days, up 6.7 percent from August 2015 but down 5 percent year-over-year.
  • Eleven California cities appear on the list of the 20 hottest markets in the U.S.




S&P/Case-Shiller July 2015 Home Price Index:

  • The index rose 4.7 percent year-over-year in July 2015.
  • The national index rose 0.7 percent month-over-month in July.
  • San Francisco, Denver and Dallas reported the highest year-over-year gains with 10.4 percent, 10.3 percent and 8.7 percent price increases, respectively.

image001’s September 2015 Real Estate Nowcast:

  • Existing home sales are up 1.7 percent from August 2015 and 5.9 percent from September 2014.
  • Sales prices for existing homes will fall between $216,372 and $239,148 in September, with a targeted price of $227.760.
  • This represents an 8.9 percent year-over-year increase.


Federal Housing Finance Agency’s August 2015 average interest rates:

  • Interest rates on conventional mortgages decreased from July to August.
  • The average interest rate on all mortgage loans was 3.99 percent, down from 4.01 percent in July.
  • The average interest rate on conventional 30-year fixed-rate mortgages of $417,000 or less was 4.20 percent, unchanged from July.


Send market reports to

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
Thank you for subscribing to Morning Headlines.
Back to top