We’ll add more market news briefs throughout the day. Check back to read the latest.
First American’s Real Estate Sentiment Index (RESI) for Q1 2016:
- The RESI decreased 4.4 percent from Q4 2015.
- Quarter over quarter, purchase market sentiment declined 4.2 percent.
- Refinance mortgage sentiment declined 4.9 percent quarter-over-quarter.
Federal Housing Finance Agency’s January 2016 Home Price Index:
- The home price index was up 0.5 percent nationally month-over-month on a seasonally adjusted basis for January 2016.
- The index was up 6.0 percent year-over-year.
- Monthly price changes ranged from -1.0 percent in the Middle Atlantic census division to 1.7 percent in the South Altantic census division.
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:
National Association of Realtors February 2016 Existing Home Sales:
- Total existing-home sales dropped 7.1 percent month-over-month on a seasonally adjusted basis from January to February.
- Sales increased 2.2 percent year-over-year, however,
- The median existing-home price for all housing types in February was 210,800, up 4.4 percent year-over-year.
Email market reports to press@sandbox.inman.com.