Check Inman every day for the daily version of this market roundup.
Home equity rates:
Thursday, April 7:
- Mortgage credit availability decreased 0.2 percent to 123.5 in March.
- The Government MCAI saw the greatest loosening (up 0.9 percent).
- The Conventional MCAI saw the greatest tightening (down 1.6 percent).
At the intersection of real estate and Facebook
The tech you need to support your agents’ growth is already within reach READ MORE
- The HPSI fell 2.5 percent to 80.2.
- More Americans (33 percent) say it’s a bad time to buy, 2 percentage points down.
- Those who say it’s a good time to sell fell 8 percentage points to negative 1 percent.
Wednesday, April 6:
- Mortgage applications increased 2.7 percent week-over-week (on an adjusted basis) for the week ending April 1, 2016.
- On an unadjusted basis, the Market Composite Index increased 3 percent week-over-week.
- The Refinance Index increased 7 percent week-over-week.
Tuesday, April 5:
- Home prices increased 1.1 percent month-over-month.
- Home prices went up 6.8 percent year-over-year.
- CoreLogic forecasts future price increases of 0.6 percent month-over-month and 5.2 percent year-over-year.
Monday, April 4:
- The total U.S. loan delinquency rate was 4.45 percent.
- This is down 12.57 percent month-over-month.
- The total foreclosure pre-sale inventory rate is 1.30 percent, down 0.64 percent month-over-month.
- The preliminary April index is at 64.0.
- This is the same as the final reading in March.
- According to the index’s creator, “although the economy is improving, consumers are not completely on board with the personal consumption thus putting the brakes on the economic growth.”
Email market news to email@example.com.