Check Inman every day for the daily version of this market roundup.

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=”c0eKOcwwRlX” title=”Average Home Equity Loan Bank Rates by State” width=”600″ height=”468″ url=”https://w.graphiq.com/w/c0eKOcwwRlX” link=”http://mortgage-lenders.credio.com” link_text=”Credio | Graphiq” ]

Day-by-day market activity

Thursday, November 10:

Attom Data Solutions October 2016 Foreclosure Market Report:

  • There were a total of 105,481 properties with foreclosures filings in October.
  • This is up 27 percentage points from September 2016.
  • However, it’s down 8 percentage points from October 2015.

Freddie Mac’s Primary Mortgage Market Survey:

  • The 30-year fixed-rate mortgage averaged 3.57 percent with an average 0.5 point for the week ending November 10, 2016.
  • This is up from last week, when it averaged 3.54 percent.
  • A year ago at this time, the 30-year FRM averaged 3.98 percent.

pmms_chart_lg

Mortgage Bankers Association’s National Delinquency Survey for the third quarter of 2016:

  • The delinquency rate for mortgage loans on residential properties with one to four units decreased 14 basis points to a rate of 4.52 percent of all loans.
  • This is the lowest level since the second quarter of 2006, with a rate of 4.39 percent.
  • It’s also 47 basis points lower than one year go.

delinquencies

Wednesday, November 9:

Mortgage Bankers Association’s Weekly Applications Survey:

  • Mortgage applications decreased 1.2 percent for the week ending Nov. 4, 2016, from one week earlier.
  • The refinance share of mortgage activity decreased to 62.3 percent of total applications from 62.7 percent the previous week.
  • The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($417,000 or less) increased to its highest level since June 2016, 3.77 percent, from 3.75 percent

 

Tuesday, November 8:

Quicken Home Price Perception Index for October 2016:

  • Owner estimates of home values were 1.15 percent higher than appraisers’ opinions in October.
  • This represents a narrowing of the gap between homeowner estimates and appraiser valuations.
  • In September, appraised values were 1.26 percent lower than homeowner expectation.

D-HVI-HPPI-Graphs

CoreLogic National Foreclosure Report for September 2016:

  • Foreclosure inventory was down 3.1 percentage points in September 2016 from August 2016.
  • There were 36,000 completed foreclosures in September.
  • This represents a 7.0 percentage point year-over-year decline.

report_highlights_nfr_2016_09_sept

Monday, November 7:

Black Knight Mortgage Monitor for September 2016:

  • The seasonal uptick in delinquencies was less than 1 percent.
  • The foreclosure rate is about 70 percent above “normal” levels.
  • Despite the monthly decline, September saw the third-highest prepayment rate in three years.

screen-shot-2016-11-07-at-10-01-37-am

Fannie Mae Home Purchase Sentiment Index (HPSI) for October 2016:

  • The HPSI decreased by 1.1 percentage points to 81.7.
  • It is down 1.5 points since this time last year.
  • The net share of Americans who say it’s a good time to buy was 31 percent; the share of Americans who say it’s a good time to sell was 19 percent.

screen-shot-2016-11-07-at-8-59-12-am

Email market news to press@inman.com.

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