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Daily market update: Feb. 2, 2016

Mortgage rates plus all the latest daily real estate market news

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

CoreLogic’s Home Price Index for December 2015:

  • Five states and the District of Columbia reached new home price highs.
  • Home prices were up 6.3 percent year-over-year.
  • The 2016 forecast is for home prices to increase 5.4 percent year-over-year.

corelogic-caseshiller-nationaltrends

Ten-X’s Real Estate Nowcast for January 2015:

  • Existing home sales are projected to fall between seasonally adjusted annual rates of 5.13 and 5.46 million sales.
  • This is up 9.8 percent from January 2015.
  • It’s also down 3 percent from December 2014.
A table showing existing home sales from Ten-X.

Ten-X existing home sales table

Mortgage rates:

 

Home equity rates:

 

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Last week’s most recent market news:

Black Knight’s December 2015 Mortgage Monitor:

  • The total U.S. loan delinquency rate was 4.78 percent.
  • This is a 2.99 percent drop month-over-month in delinquency rate.
  • The total foreclosure pre-sale inventory rate was 1.37 percent.

black-knight-dec-2015-first-look

Email market reports to press@inman.com.