We’ll add more market news briefs throughout the day. Check back to read the latest.
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:
Freddie Mac’s monthly volume summary for February 2016:
- The total mortgage portfolio increased at an annualized rate of 1.8 percent.
- Single-family refinance-loan purchase and guarantee volume was $10.9 billion in February.
- Total number of loan modifications were 3,503 in February 2016 and 6,977 for the two months ended February 29, 2016.
Freddie Mac’s March 2016 monthly outlook:
- The 30-year mortgage rate will stay below 4 percent until the second half of the year.
- Multifamily and single-family housing starts will increase by 200,000 units to 1.3 million this year.
- Home price appreciation should slow to 4.8 percent from 6 percent in 2016.
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