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.

Mortgage Bankers Association’s Weekly Applications Survey:

  • The Market Composite Index for mortgage applications increased 21.3 percent during the week ending January 8, 2016.
  • The Refinance Index increased 24 percent week-over-week.
  • The seasonally adjusted Purchase Index increased 18 percent week-over-week.

Quicken’s Home Price Perception Index for December 2015:

  • Appraised values in December were 1.8 percent lower than the homeowners’ opinion.
  • This is the 11th consecutive month when appraised values were lower than homeowners’ expectations.
  • Home values continued to increase in December.

image002

 

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:

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

Send market reports to press@inman.com.

Show Comments Hide Comments

Comments

Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
By submitting your email address, you agree to receive marketing emails from Inman.
Success!
Thank you for subscribing to Morning Headlines.
Back to top
Prepare for this fall with top agents & brokers at Connect Now this Tuesday.GET YOUR TICKET×
Limited time: Get 30 days of Inman Select for $5.SUBSCRIBE×
Log in
If you created your account with Google or Facebook
Don't have an account?
Forgot your password?
No Problem

Simply enter the email address you used to create your account and click "Reset Password". You will receive additional instructions via email.

Forgot your username? If so please contact customer support at (510) 658-9252

Password Reset Confirmation

Password Reset Instructions have been sent to

Subscribe to The Weekender
Get the week's leading headlines delivered straight to your inbox.
Top headlines from around the real estate industry. Breaking news as it happens.
15 stories covering tech, special reports, video and opinion.
Unique features from hacker profiles to portal watch and video interviews.
Unique features from hacker profiles to portal watch and video interviews.
It looks like you’re already a Select Member!
To subscribe to exclusive newsletters, visit your email preferences in the account settings.
Up-to-the-minute news and interviews in your inbox, ticket discounts for Inman events and more
1-Step CheckoutPay with a credit card
By continuing, you agree to Inman’s Terms of Use and Privacy Policy.

You will be charged . Your subscription will automatically renew for on . For more details on our payment terms and how to cancel, click here.

Interested in a group subscription?
Finish setting up your subscription