We’ll add more market news briefs throughout the day. Check back to read the latest.
FNC Home Price Index for December 2015:
- Home prices rose at a seasonally unadjusted rate of 0.4 percent month-over-month in December 2015.
- It rose 6.2 percent year-over-year.
- On a quarterly basis, home prices were up 0.2 percent in the fourth 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”]
[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”]
Last week’s most recent market news:
Mortgage Bankers Association’s Builder Applications Survey for January 2016:
- Mortgage applications for new home purchases increased 14 percent month-over-month (not seasonally adjusted).
- Conventional loans comprised 67.4 percent of loan applications, and FHA comprised 19.5 percent.
- The seasonally adjusted annual rate for single-family home sales was 499,000 units.
Freddie Mac’s Primary Mortgage Market Survey:
- The 30-year fixed-rate mortgage averaged 3.65 percent with an average 0.5 point for the week ending February 11, 2016.
- This is down from 3.72 percent last week.
- It’s also slightly down from 3.69 percent last year.
Email market reports to press@inman.com.