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

Mortgage Banker’s Association’s Weekly Applications Survey:

  • Mortgage applications decreased 12 percent from two weeks earlier for the week ending December 30, 2016.
  • The Refinance Index decreased 22 percent from two weeks ago.
  • The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances decreased to 4.39 percent from 4.45 percent.

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”]

Most recent market news:

CoreLogic Home Price Insights for November 2016:

  • The CoreLogic home price index (HPI) was up 1.1 percent month-over-month in November 2016.
  • The HPI was up 7.1 percent year-over-year.
  • CoreLogic forecasts home prices to rise 4.7 percent year-over-year from 2016 to 2017.

screen-shot-2017-01-03-at-8-16-21-am

U.S. Census Bureau’s November 2016 construction report:

  • Construction spending during November was at a seasonally adjusted annual rate of $1,182 billion.
  • This is 0.9 percent above the revised October rate of $1,171.4 billion.
  • November’s number is also 4.1 percent above the November 2015 estimate.

Email market reports to press@inman.com.

Show Comments Hide Comments

Comments

Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
Success!
Thank you for subscribing to Morning Headlines.
Back to top
×