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- Potential existing-home sales decreased to a 5.8 million seasonally adjusted, annualized rate (SAAR).
- This represents a 92.5 percent increase from the market potential low point reached in December 2008.
- In December, the market potential for existing-home sales grew by 2.9 percent compared with a year ago, an increase of 164,000 (SAAR) sales.
Home equity rates:
Most recent market news:
- The 30-year fixed-rate mortgage averaged 4.09 percent with an average 0.5 point for the week ending Jan. 19, 2017.
- This is down from last week when it averaged 4.12 percent.
- A year ago at this time, the 30-year FRM averaged 3.81 percent.
- Privately-owned housing units authorized by building permits in December were at a seasonally adjusted annual rate of 1,210,000, 0.2 percent below the revised November rate but 0.7 percent above the December 2015 estimate.
- Privately-owned housing starts in December were at a seasonally adjusted annual rate of 1,226,000, 11.3 percent above the revised November rate and 5.7 percent above the December 2015 rate.
- Privately-owned housing completions in December were at a seasonally adjusted annual rate of 1,123,000, 7.9 percent below the revised November rate but 8.7 percent above the December 2015 rate.
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