Daily market update: Oct. 7, 2015

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

We'll add more market news briefs throughout the day. Check back to read the latest. Mortgage Bankers Association's weekly applications survey: The Market Composite Index, which measures mortgage loan application volume, increased 25.5 percent week-over-week on a seasonally adjusted basis. (It increased 26 percent on an unadjusted basis.) The Refinance Index increased 24 percent week-over-week. The seasonally adjusted Purchase Index increased 27 percent week-over-week. Fannie Mae's Home Purchase Sentiment Index: The index increased to 3 points to 83.8 in September. The share of respondents who said it is a good time to buy a house increased 1 percentage point to 64 percent. The share of respondents who say it is a good time to sell increased 5 percentage points to 52 percent. Weekly mortgage rates: Powered by Powered by Yesterday's market news: The Mortgage Credit Availability Index (MC...