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.

BuildZoom and Urban Economic Lab Index:

  • Existing-home remodeling declined 3.2 percent last quarter but is 2.8 percent above its 2005 level.
  • New-home construction increased 18.67 percent last quarter. It is still 57 percent below its 2005 level.
  • Remodeling is up almost 300 percent in Las Vegas.

 

wEbpU6iYnuIME_OGYO8WEili5tVB4FEBAeHLaI-wtrWM8kyBf5R4CD6f5E3D_3p-f5TNB2bf6YzYbv9NmphWgQVq4nG1ka72DgB8EewbXUjn3aRR-4Yzz6cmXeZimNZtXuC-IAk

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”]

Last week’s most recent market news:

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

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
We've updated our terms of use.Read them here×