We’ll add more market news briefs throughout the day. Check back to read the latest.
Fannie Mae’s Home Purchase Sentiment Index for December 2015:
- The index increased 2.4 points to 83.2 in December.
- Respondents who said it is a good time to buy a house comprised 35 percent of the total.
- Respondents who said it is a good time to sell a house comprised 8 percent of the total.
Mortgage Bankers Association’s Mortgage Credit Availability Index (MCAI) for December 2015:
- The MCAI decreased 2.4 percent to 124.3 in December 2015.
- The Conventional MCAI was down 4.8 percent over the month.
- The Conforming MCAI increased 0.1 percent month-over-month.
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:
Mortgage Bankers Association’s Weekly Applications Survey:
- Mortgage applications decreased 27 percent (seasonally adjusted) from two weeks earlier for the week ending Jan. 1, 2016.
- On an unadjusted basis, applications decreased 50 percent.
- The refinance index decreased 37 percent from two weeks ago.
Auction.com Real Estate Nowcast for December 2015:
- Existing home sales for December will fall between 4.8 and 5.11 million annual sales.
- This is up 4.1 percent from November.
- This also represents a 3.8 percent year-over-year decline.
Send market reports to press@inman.com.
