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.

National Association of Realtors’ October Pending Home Sales index:

  • The index rose 0.2 percent to 107.7 month-over-month in October 2015.
  • The index was up 3.9 percent year-over-year.
  • It has now increased year-over-year for 14 consecutive months.

HOPE NOW’s Q2 foreclosure sales and starts data:

  • Foreclosure sales decreased 15 percent quarter-over-quarter.
  • Foreclosure starts decreased 9 percent quarter-over-quarter.
  • During Q3, there were 18 percent fewer loan modifications completed quarter-over-quarter.

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Clear Capital’s November 2015 market report:

  • National home price appreciation rates fell 0.1 percent quarter-over-quarter, from 0.9 percent to 0.8 percent.
  • Growth in the West rose 0.2 percent quarter-over-quarter, outpacing the rest of the nation.
  • The Northeast also saw an increase in quarterly growth by 0.1 percent.

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Black Knight Financial Services’ Home Price Index for September 2015:

  • The September 2015 Home Price Index was up 0.1 percent month-over-month.
  • The index was up 5.5 percent year-over-year.
  • The current home price index value was $253,000.

BKFS_HPI_Sep2015_US_hi_res

Money Anxiety Index for Q3 2015:

  • Consumer spending in Q3 2015 increased by 3.0 percent quarter-over-quarter.
  • The pace of bank savings in Q3 2015 is up 0.6 percent quarter-over-quarter.
  • The Money Anxiety Index decreased by 7.4 index points year-over-year.

money-anxiety-index

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:

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.

Send market reports to press@inman.com.

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