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Daily market update: Jan. 15, 2016

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We'll add more market news briefs throughout the day. Check back to read the latest. FNC's Residential Price Index: The 100-MSA purchase index composite for November 2015 was 165.62, up .07 month-over-month. The index was up 9.31 points year-over-year. Los Angeles had the highest purchase price index: 243.13. 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 Rate...