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Daily market update: Dec. 2, 2015

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We’ll add more market news briefs throughout the day. Check back to read the latest.

Mortgage Bankers Association’s Weekly Applications Survey:

  • The Market Composite Index decreased 0.2 percent week-over-week.
  • The Refinance Index decreased 6 percent week-over-week.
  • The average contract interest rate for 30-year fixed-rate mortgages decreased 0.02 percent to 4.12 percent week-over-week.

Owners.com’s August-September 2015 top growth markets:

  • Denver, Orlando, Miami and Washington showed double-digit increases.
  • Denver showed a median three-bedroom single-family home price increase of 11.9 percent.
  • The New York metropolitan area showed a 6.7 percent drop.

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:

CoreLogic’s October 2015 Home Price Insights:

  • 10 states reached new price highs in October 2015.
  • Home prices increased 1.0 percent month-over-month.
  • Home prices increased 6.8 percent year-over-year.

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