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Mortgage Bankers Association’s Weekly Applications Survey:

  • Mortgage applications decreased 2.6 percent week-over-week on a seasonally adjusted basis.
  • The Refinance Index increased 0.3 percent week-over-week.
  • The seasonally adjusted Purchase Index decreased 7 percent week-over-week.

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:

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

Email market reports to press@inman.com.

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