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Daily market update: Jan. 7, 2016

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We'll add more market news briefs throughout the day. Check back to read the latest. Fannie Mae's Home Purchase Sentiment Index for December 2015: The index increased 2.4 points to 83.2 in December. Respondents who said it is a good time to buy a house comprised 35 percent of the total. Respondents who said it is a good time to sell a house comprised 8 percent of the total. Mortgage Bankers Association's Mortgage Credit Availability Index (MCAI) for December 2015: The MCAI decreased 2.4 percent to 124.3 in December 2015. The Conventional MCAI was down 4.8 percent over the month. The Conforming MCAI increased 0.1 percent month-over-month.   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="2N...