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Bureau of Labor Statistics Employment Report for September 2016:
- Nonfarm payroll employment increased by 156,000 jobs in September 2016.
- The unemployment rate was 5.0 percent in September 2016, up slightly from 4.9 percent in August.
- The professional and business services sector and health care sector saw employment gains in September.
Fannie Mae’s Home Purchase Sentiment Index (HPSI) for September 2016:
- The HPSI fell to 82.8 in September 2016.
- This is a 2.2 percentage point decrease from August 2016.
- In September 2015, the HPSI was 83.8.
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”]
Most recent market news:
Freddie Mac’s Primary Mortgage Market Survey:
- The 3o-year fixed-rate mortgage (FRM) averaged 3.42 percent with an average 0.5 point for the week ending October 6, 2016.
- This rate is unchanged from last week’s.
- A year ago at this time, the 30-year FRM averaged 3.76 percent.
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