We’ll add more market news briefs throughout the day. Check back to read the latest.
CoreLogic’s October 2015 Home Price Insights:
- 10 states reached new price highs in October 2015.
- Home prices increased 1.0 percent month-over-month.
- Home prices increased 6.8 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:
National Association of Realtors’ October Pending Home Sales index:
- The index rose 0.2 percent to 107.7 month-over-month in October 2015.
- The index was up 3.9 percent year-over-year.
- It has now increased year-over-year for 14 consecutive months.
HOPE NOW’s Q2 foreclosure sales and starts data:
- Foreclosure sales decreased 15 percent quarter-over-quarter.
- Foreclosure starts decreased 9 percent quarter-over-quarter.
- During Q3, there were 18 percent fewer loan modifications completed quarter-over-quarter.
Clear Capital’s November 2015 market report:
- National home price appreciation rates fell 0.1 percent quarter-over-quarter, from 0.9 percent to 0.8 percent.
- Growth in the West rose 0.2 percent quarter-over-quarter, outpacing the rest of the nation.
- The Northeast also saw an increase in quarterly growth by 0.1 percent.
Black Knight Financial Services’ Home Price Index for September 2015:
- The September 2015 Home Price Index was up 0.1 percent month-over-month.
- The index was up 5.5 percent year-over-year.
- The current home price index value was $253,000.
Money Anxiety Index for Q3 2015:
- Consumer spending in Q3 2015 increased by 3.0 percent quarter-over-quarter.
- The pace of bank savings in Q3 2015 is up 0.6 percent quarter-over-quarter.
- The Money Anxiety Index decreased by 7.4 index points year-over-year.
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