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CoreLogic September 2016 Home Price Index:
- Home prices nationwide, including distressed sales, increased year over year by 6.3 percent in September 2016.
- They increased by 1.1 percent in September 2016 compared with August 2016.
- The CoreLogic HPI Forecast indicates that home prices will increase by 5.2 percent on a year-over-year basis from September 2016 to September 2017.
U.S. Census Bureau’s September 2016 Construction Spending:
- Construction spending during September 2016 was estimated at a seasonally adjusted annual rate of $1,150.0 billion.
- This is 0.4 percent below the revised August estimate of $1,154.4 billion.
- This is also 0.2 percent below the September 2015 estimate of $1,152.1 billion.
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:
Black Knight Home Price Index (HPI) for August 2016:
- The current Black Knight HPI value is $266,000.
- This is up 0.3 percent month-over-month.
- It’s also up 5.3 percent year-over-year.
First American Financial Corporation’s September 2016 Loan Application Default Index:
- The frequency of defects, fraudulence and misrepresentation in the information submitted in mortgage loan applications decreased 1.4 percent in September 2016 compared with August 2016.
- Compared to September 2015, the Defect Index decreased by 14.8 percent.
- The Defect Index is down 32.3 percent from the high point of risk in October 2013.
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