- The index rose 0.2 percent to 107.7 month-over-month in October 2015.
- The index was up 3.9 percent year-over-year.
- It has now increased year-over-year for 14 consecutive months.
- Foreclosure sales decreased 15 percent quarter-over-quarter.
- Foreclosure starts decreased 9 percent quarter-over-quarter.
- During Q3, there were 18 percent fewer loan modifications completed quarter-over-quarter.
- National home price appreciation rates fell 0.1 percent quarter-over-quarter, from 0.9 percent to 0.8 percent.
- Growth in the West rose 0.2 percent quarter-over-quarter, outpacing the rest of the nation.
- The Northeast also saw an increase in quarterly growth by 0.1 percent.
- The September 2015 Home Price Index was up 0.1 percent month-over-month.
- The index was up 5.5 percent year-over-year.
- The current home price index value was $253,000.
- Consumer spending in Q3 2015 increased by 3.0 percent quarter-over-quarter.
- The pace of bank savings in Q3 2015 is up 0.6 percent quarter-over-quarter.
- The Money Anxiety Index decreased by 7.4 index points year-over-year.
Home equity rates:
Last week’s most recent market news:
- Home prices in the U.S. rose 1.3 percent quarter-over-quarter in Q3.
- This is the 17th consecutive quarterly price increase.
- Home prices are up 5.7 percent year-over-year.
- New single-family home sales in October 2015 were at a rate of 495,000.
- This is 10.7 percent above September’s revised rate and 4.9 percent above the October 2014 estimate.
- The median sales price of new homes in October 2015 was $281,500.
- The Market Composite Index, which measures mortgage loan application volume, decreased 3.2 percent week-over-week.
- The Refinance Index decreased 5 percent week-over-week.
- The Purchase Index decreased 1 percent week-over-week.
- The 30-year fixed-rate mortgage averaged 3.95 percent with an average 0.7 point for the week ending November 25, 2015.
- This is down from 3.97 percent week-over-week and down from 3.97 percent year-over-year.
- The 15-year fixed rate mortgage averaged 3.18 percent with an average 0.6 point, unchanged from last week and up from 3.17 percent.