We’ll add more market news briefs throughout the day. Check back to read the latest.
Mortgage Bankers Association’s Mortgage Credit Availability Index for March 2016:
- Mortgage credit availability decreased 0.2 percent to 123.5 in March.
- The Government MCAI saw the greatest loosening (up 0.9 percent).
- The Conventional MCAI saw the greatest tightening (down 1.6 percent).
Fannie Mae Home Purchase Sentiment Index (HPSI) for March 2016:
- The HPSI fell 2.5 percent to 80.2.
- More Americans (33 percent) say it’s a bad time to buy, 2 percentage points down.
- Those who say it’s a good time to sell fell 8 percentage points to negative 1 percent.
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 increased 2.7 percent week-over-week (on an adjusted basis) for the week ending April 1, 2016.
- On an unadjusted basis, the Market Composite Index increased 3 percent week-over-week.
- The Refinance Index increased 7 percent week-over-week.
Email market reports to press@inman.com.
