We’ll add more market news briefs throughout the day. Check back to read the latest.
CoreLogic’s September 2015 National Foreclosure Report:
- The national foreclosure inventory declined by 24.3 percent year-over-year in September 2015; completed foreclosures declined by 17.6 percent year-over-year.
- Completed foreclosures were 52.8 percent lower than the September 2010 peak.
- The national foreclosure inventory as of September 2015 included 1.2 percent of all homes with a mortgage.
Quicken Loans’ September 2015 Home Price Perception Index/Home Value Index:
- In September 2015, appraised values were 1.98 percent less than homeowners’ estimates.
- This is a slight drop from August, when appraiser opinions were 2 percent less than homeowners’ estimates.
- Home values rose 1.07 percent month-over-month in September 2015 and 4.01 percent year-over-year.
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”]
Yesterday’s most recent market news:
Fannie Mae’s October 2015 Home Price Sentiment Index (HPSI):
- The HPSI decreased 0.6 percentage points to 83.2 in October but is up 0.7 points since this time last year.
- The “Good Time to Buy/Good Time to Sell” components fell 2 and 6 points, respectively.
- Consumers appear to be less worried about job loss, however.
- The November Money Anxiety Index is 62.5.
- This is where the index stood in December 2007, when the great recession started.
- The Money Anxiety Index peaked in December 2010 at 95.5.
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