Daily market update: Jan. 6, 2016

We'll add more market news briefs throughout the day. Check back to read the latest. Mortgage Bankers Association's Weekly Applications Survey: Mortgage applications decreased 27 percent (seasonally adjusted) from two weeks earlier for the week ending Jan. 1, 2016. On an unadjusted basis, applications decreased 50 percent. The refinance index decreased 37 percent from two weeks ago. Auction.com Real Estate Nowcast for December 2015: Existing home sales for December will fall between 4.8 and 5.11 million annual sales. This is up 4.1 percent from November. This also represents a 3.8 percent year-over-year decline. 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 Mort...