Daily market update: Nov. 17, 2015

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

FNC Residential Price Index for Q3 2015:

• The average home price rose 1.7 percent during the third quarter of 2015.
• This is down from a growth rate of 3.5 percent in the second quarter.
• September’s year-over-year growth was 6.1 percent.

Mortgage Bankers Association’s Q3 delinquency and foreclosure report:

• The serious delinquency rate for mortgage loans (90 or more days past due or in the process of foreclosure) was 3.57 percent, a decrease of 38 basis points from last quarter.
• This is the lowest serious delinquency rate since 2007.
• The percentage of loans on which foreclosure actions were started was 0.38 percent, a decrease of two basis points quarter-over-quarter.

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”]