Daily market update: Feb. 3, 2016

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

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:

 

Home equity rates:

 

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.