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.

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.

hpsi-010716

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.

 

Total MCAI

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:

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.

Send market reports to press@inman.com.

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