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Fannie Mae’s Home Purchase Sentiment Index (HPSI) for February 2016:
- The HPSI rose 1.2 percentage points in February to 82.7.
- The share of respondents who say it is a good time to buy rose 4 percent to 35 percent.
- The share of respondents who say it is a good time to sell fell 2 percent to 7 percent.
The preliminary March 2016 Money Anxiety Index:
- The index is 62.8, the same as the final reading in February.
- This indicates that consumer attitudes and anxiety about money is unchanged month-over-month.
The preliminary Money Anxiety Index for March 2016
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:
Freddie Mac Primary Mortgage Market Survey:
- Rates for 30-year fixed-rate mortgages averaged 3.64 percent with an average 0.5 point for the week ending March 3, 2016.
- This is up from last week, when the average was 3.62 percent.
- It’s down from a year ago, when the average was 3.75 percent.
Mortgage Bankers Association’s Mortgage Credit Availability Index (MCAI) for February 2016:
- The MCAI was unchanged month-over-month at 123.8 in February.
- Of the four component indices, the Conforming MCAI saw the greatest loosening (up 1.0 percent) over the month.
- The Government MCAI was up 0.6 percent).
Email market reports to press@inman.com.
