Daily market update: April 19, 2016

We’ll add more market news briefs throughout the day. Check back to read the latest.

U.S. Census Bureau/U.S. Department of Housing and Urban Development New Residential Construction for March 2016:

• Privately-owned housing units authorized by building permits in March were at a seasonally adjusted annual rate of 1,086,000, down 7.7 percent month-over-month but up 4.6 percent year-over-year.
• Privately-owned housing starts in March were at a seasonally adjusted annual rate of 1,089,000, down 8.8 percent month-over-month but up 14.2 percent year-over-year.
• Privately-owned housing completions in March were at a seasonally adjusted annual rate of 1,061,000, up 3.5 percent month-over-month and up 31.6 percent year-over-year.

CoreLogic’s Market Pulse Report for April 2016:

• The cash sales share of all home sales from December 2015 through February 2016 was 34 percent.
• Completed foreclosures were down 10 percent year-over-year.
• Home prices were up 6.8 percent year-over-year.

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:

Real Trends’ March 2016 Housing Market Report:

• Housing sales increased 5.1 percent year-over-year.
• Housing prices rose an average of 1.0 percent from March 2015.
• Housing unit sales for March 2016 increased 5.1 percent.

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