Please wait as we prepare your PDF file ....

Mission Chronicle Blog

Search Blog

our goal is to help you stay informed by providing timely and interesting articles.

Daily market update: May 11, 2017

05/11/2017

Download PDF

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

Mortgage rates: 30-Year Fixed Rate Mortgage Rates for the Past 6 Months | Credio News from earlier this week

Tuesday, May 9

CoreLogic Loan Performance Insights

CoreLogic Loan Performance Insights

Serious delinquency and foreclosure rates hit lowest levels since 2007 The 30 days or more delinquency rate for February 2016 was 5.5 percent. In February 2017, 5.0 percent of mortgages were delinquent by at least 30 days or more including those in foreclosure. This represents a 0.5 percentage point decline in the overall delinquency rate compared with February 2016.

 

CoreLogic Loan Performance Insights

CoreLogic Loan Performance Insights

Quicken Loans’ Home Price Perception Index (HPPI)

Quicken Loans’ National HPPI shows appraised values were 1.90% lower than homeowners estimated in April Home values rose 1.06% nationally in April, with a 5.08% year-over-year increase, according to the Quicken Loans HVI (Home Value Index)

Zillow Mortgage Rate Ticker

The 30-year fixed mortgage rate on Zillow® Mortgages is currently 3.84 percent, up four basis points from this time last week. The 30-year fixed mortgage rate rose five basis points on Friday, then hovered around the current rate for the rest of the week.

“Mortgage rates rose last Friday after a strong jobs report made it very likely that the Fed will hike interest rates again in June, but edged slightly lower after centrist Emmanuel Macron won the French presidential election, reducing financial market risk in Europe,” said Erin Lantz, vice president of mortgages at Zillow, in a statement. “This week, markets are likely to focus on several Fed speeches and inflation data due Wednesday, but rates should remain stable overall.”

Email market reports to press@inman.com.

Source: click here

Read More

INSPIRED, INTELLIGENT, INSIGHTFULL

STAY INFORMED WITH TIMELY AND INTERESTING ARTICLES FROM OUR BLOG, MISSION CHRONICLE. OUR ASPIRATION IS TO PROVIDE REALTORS AND OTHER REAL ESTATE INDUSTRY PROFESSIONALS WITH EXCEPTIONAL RESOURCES AND SHARE OUR KNOWLEDGE TO PROPEL YOU TO YOUR GOALS.

  • The 8 mistakes to avoid when designing a virtual home tour

    Now more than ever, virtual home tours are an invaluable asset for agents looking to educate and ins...

  • Real Grader helps keep agents’ online reputation on track

    Have suggestions for products that you’d like to see reviewed by our real estate technology ex...

  • ClosingLock aims to lock down wire fraud

    Have suggestions for products that you’d like to see reviewed by our real estate technology ex...

  • The top 3 priorities buyers place alongside location

    The past year has brought unparalleled attention to luxury properties in suburban and vacation marke...

  • CoreLogic launches consumer search with OneHome

    Have suggestions for products that you’d like to see reviewed by our real estate technology ex...

  • What you need to know about 2020’s accelerated luxury market

    It’s safe to say that this year has not been the one we expected. In March, it was anybody’s gue...

  • Up your social media look with Feed Appeal

    Have suggestions for products that you’d like to see reviewed by our real estate technology ex...

  • From video to VR: why VR home tours are a must-have

    This has been a year of challenges and transformation for all industries, and the luxury real estate...

  • ReferMe IQ uses old business to earn you new business

    Have suggestions for products that you’d like to see reviewed by our real estate technology ex...

  • How urban buyers are creating space and redefining how they live

    We’ve all experienced the shift this year: luxury buyers opting for spacious homes in the suburbs ...

December 2020
Mon Tue Wed Thu Fri Sat Sun
 123456
78910111213
14151617181920
21222324252627
28293031  

  • Polls

    What information you are looking for?

    View Results

    Loading ... Loading ...
  • Last month Results

    How Is My Site?

    • Good (100%, 3 Votes)
    • Excellent (0%, 0 Votes)
    • Bad (0%, 0 Votes)
    • Can Be Improved (0%, 0 Votes)
    • No Comments (0%, 0 Votes)

    Total Voters: 3

    Vote

    Loading ... Loading ...