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.

CoreLogic’s Home Price Index report for November 2015:

  • Colorado, Hawaii, Nebraska, New York, Montana, Tennessee, Texas and Wyoming reached new price highs in November 2015.
  • Home prices were up 6.3 percent year-over-year.
  • CoreLogic forecasts that home prices will increase by 5.4 percent by November 2016.

corelogic-hpi-nov2015

Yardi Matrix’s December 2015 apartment trends report:

  • Rents were up 6.4 percent year-over-year in December 2015.
  • This is significantly higher than the 2.8 percent long-term average.
  • Average rent nationwide remained at $1,165; this is $1 less than the peak in September and October 2015.

yardi-average-rents

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:

U.S. Census Bureau’s November 2015 construction spending report:

  • Construction spending was at a seasonally adjusted rate of $1,122.5 billion.
  • This is 0.4 percent below the revised October 2015 estimate.
  • It’s also 10.5 percent above the November 2014 estimate.

Black Knight Financial Services’ October 2015 home price index:

  • The home price index for October 2015 was $254,000.
  • New York, Tennessee and Texas hit new peaks in October.
  • Connecticut saw the most negative monthly movement.

BKFS_HPI_Oct2015_US_hi_res

Send market reports to press@inman.com.

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