We’ll add more market news briefs throughout the day. Check back to read the latest.
National Association of Realtors Q4 2016 Metro Home Prices:
- The median existing single-family home price increased in 81 percent of measured markets.
- 34 areas (19 percent) recorded lower median prices than a year ago.
- An average of 89 percent of measured metro areas saw increasing home prices in 2015.
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:
Quicken Loans’ Home Price Perception Index for January 2016:
- Appraised values were, on average, 1.75 percent lower than homeowner expectations.
- The gap between appraisal and homeowner estimates narrowed for the fifth month in a row.
- Home values fell 0.42 percent month-over-month in January, but were up 3.37 percent year-over-year.
CoreLogic’s December 2015 Foreclosure Report:
- Completed foreclosures were down 22.6 percent year-over-year in December 2015.
- Foreclosure inventory was down 23.8 percent year-over-year.
- 1.1 percent of all homes with a mortgage were part of the foreclosure inventory.
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