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Daily market update: January 30, 2017

01/29/2017

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

National Association of Realtors Pending Home Sales for December 2016:

The Pending Home Sales Index (PHSI) increased 1.6 percent to 109.0 in December from 107.3 in November. The index is now 0.3 percent above last December (108.7). Existing-home sales are forecast to be around 5.54 million this year, an increase of 1.7 percent from 2016, which was the best year of sales since 2006.

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:

CoreLogic’s Market Pulse Report for January 2017:

The home price index was up 6.7 percent year-over-year in November 2016. The cash sales share was 31.8 percent as of October 2016. The distressed sales share was 7.7 percent as of October 2016.

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