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.

National Association of Realtors 2016 housing and economic forecast:

  • NAR Chief Economist Lawrence Yun predicted that the housing market might see a 1 to 3 percent growth in sales.
  • He said home prices would continue to rise in 2016.
  • Yun estimated that 2015 existing-home sales would finish 6.5 percent up from 2014.

2016 NAR Housing Expectations Infographic

CoreLogic’s November 2015 National Foreclosure Report:

  • Foreclosures were down 21.8 percent year-over-year.
  • Completed foreclosures were down 10.9 percent month-over-month.
  • Florida leads the nation with 83,000 completed foreclosures.

report_highlights_nfr_2015_11_nov_top_01

American Banker’s Association’s 2015 third-quarter delinquencies:

  • Delinquencies (a late payment 30 or more days overdue) rose in six of 11 loan categories.
  • The composite ratio rose 5 basis points to 1.41 percent of all accounts.
  • Home equity line delinquencies fell 3 basis points to 1.31 percent of all accounts and property improvement delinquencies fell 4 basis points to 0.87 percent of all accounts.

loan-delinquency

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:

Black Knight November 2015 Mortgage Monitor:

  • The total delinquency rate was 4.92 percent in November 2015.
  • The total foreclosure rate was 1.38 percent.
  • There were 66,600 foreclosure starts in November 2015.

black-knight-mortgage-monitor

The January 2016 Money Anxiety Index:

  • The preliminary January index improved 1.3 points.
  • The January index is 62.2.
  • This is in part due to a robust December jobs report.

money-anxiety-jan-2016

Send market reports to press@inman.com.

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