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- Mortgage applications increased 3.3 percent from one week earlier for the week ending March 3, 2017.
- The Refinance Index increased 5 percent from the previous week to the highest level since December 2016.
- The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances increased to 4.36 percent from 4.30 percent.
- The March Housing Tides Index shows an increase to 73.6 after falling slightly to 72.4 in February.
- The Index is up from 73.4 in March 2016.
- The Housing Tides Index scores increased in 33 of the top 41 local markets this month.
Home equity rates:
Most recent market news:
- Home prices went up 6.9 percent between January 2016 and January 2017.
- From December 2016 to January 2017, home prices rose 0.7 percent.
- CoreLogic forecasts a 0.1 percent month-over-month change and 4.8 percent year-over-year change from January 2017.
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- The HPSI increased in February to 88.3.
- This is 5.6 percentage points higher than January 2017.
- The HPSI is also up 5.6 percentage points compared with February 2016.
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