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 Primary Mortgage Market Survey:

  • For the week ending November 12, the rate for the 30-year fixed-rate mortgage averaged 3.98 percent with an average 0.6 point, up 0.11 percent from the previous week.
  • The 15-year fixed-rate mortgage averaged 3.20 percent with an average 0.6 point, up 0.11 percent from the previous week.
  • The 5-year Treasury-indexed hybrid adjustable-rate mortgage averaged 3.03 percent with an average 0.4 point, up 0.7 percent from the previous week.

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RealtyTrac’s October 2015 U.S. Foreclosure Market Report:

  • Foreclosure filings increased 6 percent from September to October, marking the largest monthly increase in foreclosure starts since August 2011.
  • The company attributed the monthly increase in overall foreclosure activity to a 12-percent monthly jump in foreclosure starts, with 48,605 properties beginning the foreclosure process in October.
  • However, with that bad news comes some good news: Foreclosure starts in October were down 14 percent compared to the same month in 2014.

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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:

Mortgage Bankers Association’s Weekly Survey:

  • For the week ending Nov. 6, 2015, mortgage applications decreased 1.3 percent from one week earlier.
  • The refinance share of mortgage activity increased to 59.8 percent of total applications, up 0.1 percent week-over-week.
  • The FHA share of total applications increased to 14.1 percent, up 0.9 percent week-over-week.

Send market reports to press@inman.com.

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