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.

FNC August 2015 Residential Price Index:

  • The index was up 5.5 percent year-over-year.
  • Foreclosed and real estate-owned (REO) properties was 9.2 percent of all total existing home sales, down from 10.5 percent in August 2014.
  • The median asking price discount among closed sales was 3.1 percent, up from 2.9 percent in June and July.

FNC-res-price

Mortgage rates:

[graphiq id=”b2w6fmfIyNL” title=”30-Year Fixed Rate Mortgage Rates for the Past 6 Months” width=”600″ height=”400″ url=”https://w.graphiq.com/w/b2w6fmfIyNL” link=”http://mortgage-lenders.credio.com” link_text=”30-Year Fixed Rate Mortgage Rates for the Past 6 Months | Credio”]

[graphiq id=”2NvK9Bl9HIF” title=”15-Year Fixed Rate Mortgage Rates for the Past 6 Months” width=”600″ height=”400″ url=”https://w.graphiq.com/w/2NvK9Bl9HIF” link=”http://mortgage-lenders.credio.com” link_text=”15-Year Fixed Rate Mortgage Rates for the Past 6 Months | Credio”]

Home equity rates:

[graphiq id=”kPkTJrAnX5r” title=”Average Home Equity Loan Bank Rates by State” width=”600″ height=”465″ url=”https://w.graphiq.com/w/kPkTJrAnX5r” link=”http://mortgage-lenders.credio.com” link_text=”Average Home Equity Loan Bank Rates by State | Credio”]

[graphiq id=”dP0v3iYOnH” title=”Average Home Equity Loan Credit Union Rates by State” width=”600″ height=”465″ url=”https://w.graphiq.com/w/dP0v3iYOnH” link=”http://mortgage-lenders.credio.com” link_text=”Average Home Equity Loan Credit Union Rates by State | Credio”]

Yesterday’s most recent market news:

Re/Max’s October 2015 housing report:

  • September 2015 home sales were 8.6 percent lower than in August 2015 but 6.8 percent higher than September 2014.
  • The median sales price for homes sold in September 2015 was $209,000.
  • The months supply of inventory in September 2015 was 4.5; it was 4.9 in September 2014.

remax-september-sales

CoreLogic’s Mortgage Fraud Trends Report:

  • There was an 8.9 percent year-over-year decrease in fraud risk as of the second quarter (Q2) of 2015.
  • For the year ending in Q2 2015, the estimated value of applications with fraud or serious representations was $17.3 billion.
  • During Q2 2015, about 0.67 percent of all mortgage applications contained indications of fraud.

corelogic-application-fraud

RealtyTrac Foreclosure Market Report for Q3 and September 2015:

  • A rise in the volume of bank repossessions is a major contributor to the overall increase in foreclosure filings.
  • Metros that saw year-over-year increases are spread throughout the nation.
  • California markets appear to be seeing the biggest reduced in foreclosure activity.

image006

 

Send market reports to press@inman.com.

Show Comments Hide Comments

Comments

Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
Success!
Thank you for subscribing to Morning Headlines.
Back to top