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.

Federal Housing Finance Agency’s Q3 home price index:

  • Home prices in the U.S. rose 1.3 percent quarter-over-quarter in Q3.
  • This is the 17th consecutive quarterly price increase.
  • Home prices are up 5.7 percent year-over-year.

fhfa-house-price-appreciation

The U.S. Department of Housing and Urban Development’s October 2015 new residential sales data:

  • New single-family home sales in October 2015 were at a rate of 495,000.
  • This is 10.7 percent above September’s revised rate and 4.9 percent above the October 2014 estimate.
  • The median sales price of new homes in October 2015 was $281,500.

Mortgage Bankers Association’s Weekly Applications Survey:

  • The Market Composite Index, which measures mortgage loan application volume, decreased 3.2 percent week-over-week.
  • The Refinance Index decreased 5 percent week-over-week.
  • The Purchase Index decreased 1 percent week-over-week.

Freddie Mac’s Primary Mortgage Market Survey:

  • The 30-year fixed-rate mortgage averaged 3.95 percent with an average 0.7 point for the week ending November 25, 2015.
  • This is down from 3.97 percent week-over-week and down from 3.97 percent year-over-year.
  • The 15-year fixed rate mortgage averaged 3.18 percent with an average 0.6 point, unchanged from last week and up from 3.17 percent.

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:

First American Loan Defect Index for October 2015:

  • The index fell 2.5 percent month-over-month and 10.2 percent year-over-year in October 2015.
  • This is the third month in a row of month-over-month decline.
  • The index for refinance transactions declined 2.8 percent month-over-month and 10.4 percent year-over-year.

September 2015 S&P/Case-Shiller Home Price Indices:

  • The national home price index increased 4.9 percent year-over-year in September 2015.
  • San Francisco (11.2 percent), Denver (10.9 percent) and Portland (10.1 percent) had the highest year-over-year price gains.
  • The national home price index increased 0.2 percent month-over-month.

home-price-indices-snp

Send market reports to press@inman.com.

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