AgentBrokerage

Daily market update: Jan. 29, 2016

Mortgage rates plus all the latest daily real estate market news

Learn the New Luxury Playbook at Luxury Connect | October 18-19 at the Beverly Hills Hotel

We’ll add more market news briefs throughout the day. Check back to read the latest.

National Association of Realtors’ Pending Home Sales Index (PHSI) for December 2015:

  • The PHSI increased 0.1 percent month-over-month to 106.8 in December.
  • The index is 4.2 percent above December 2014.
  • Existing-home sales for 2016 are forecast to be 5.34 million, up 1.5 percent from 2015.

Mortgage rates:

 

Home equity rates:

 

Yesterday’s most recent market news:

Mortgage Bankers Association’s Weekly Applications Survey:

  • Mortgage applications increased 8.8 percent week-over-week (seasonally adjusted).
  • On an unadjusted basis, it rose 0.3 percent.
  • The refinance index increased 11 percent week-over-week.

Email market reports to press@inman.com.

How agents dominate with multichannel content marketing
Win listings and overwhelm competition by mastering the art of social media, direct mail and email READ MORE