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.

The Mortgage Credit Availability Index (MCAI) for September 2015:

  • Mortgage credit availability increased in September.
  • The MCAI increased 0.3 percent month-over-month to 126.5. (It was benchmarked to 100 in March 2012.)
  • The Conventional MCAI was up 1.1 percent month-over-month, followed by the Conforming MCAI (up 0.8 percent).

Total MCAI

CoreLogic’s August 2015 Home Price Index:

  • Home prices increased 1.2 percent month-over-month in August 2015.
  • They increased 6.9 percent year-over-year.
  • CoreLogic’s forecast projects a 4.3 percent increase year-over-year in August 2016.

report_highlights_hpi_2015_08_aug_top_01

Weekly mortgage rates:

Powered by MortgageCalculator.org

Powered by MortgageCalculator.org

Yesterday’s market news:

WalletHub’s most and least energy-efficient states:

  • New York, Vermont and Minnesota were the most energy-efficient states.
  • Texas, Louisiana and South Carolina were the least energy-efficient states.
  • WalletHub measured the consumption of home and car energy in 48 states; Alaska and Hawaii were excluded from this analysis.

Source: WalletHub

Livability’s 10 Best Cities for Singles:

  • Carrboro, North Carolina; Hoboken, New Jersey; West Hollywood, California were the top three cities for singles.
  • Oxford, Mississippi; San Marcos, Texas; Ypsilanti, Michigan; and Ames, Iowa were ranked 4 through 7.
  • Miami Beach, Florida; Athens, Georgia; and Moscow, Idaho took spots 8 through 10.

Black Knight Financial Services’ August Mortgage Monitor Report:

  • Cash-out refinances were up 68 percent year-over-year in August 2015.
  • The average borrower was tapping $67,000 in equity.
  • Though they’re at the highest volume since 2010, cash-out refinances were still almost 80 percent below 2005 peak levels.

black-knight-august-mortgages-2015

Send market reports to press@inman.com.

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