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Daily market update: January 3, 2017

01/02/2017

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

CoreLogic Home Price Insights for November 2016:

The CoreLogic home price index (HPI) was up 1.1 percent month-over-month in November 2016. The HPI was up 7.1 percent year-over-year. CoreLogic forecasts home prices to rise 4.7 percent year-over-year from 2016 to 2017.

screen-shot-2017-01-03-at-8-16-21-am

Mortgage rates: 30-Year Fixed Rate Mortgage Rates for the Past 6 Months | Credio 15-Year Fixed Rate Mortgage Rates for the Past 6 Months | Credio

 

Home equity rates: Average Home Equity Loan Bank Rates by State | Credio Average Home Equity Loan Credit Union Rates by State | Credio Most recent market news:

Freddie Mac’s Primary Mortgage Market Survey:

The 30-year mortgage rate rose 2 basis points to 4.32 percent with an average 0.5 point for the week ending December 29, 2016. Last week it averaged 4.30 percent. A  year ago at this time, the 30-year FRM averaged 4.01 percent.

pmms_chart_lg-1 Email market reports to press@inman.com.

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