MBA: Mortgages applications reverse trend, drop

MBA: Mortgages applications reverse trend, drop: After three weeks of steady increases, mortgage applications posted a drop, falling 2.6% from one week earlier. Meanwhile, the average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances dropped to its lowest level since October 2015.

CoreLogic: Home prices maintain pace, increase 6.3%

CoreLogic: Home prices maintain pace, increase 6.3%: Home prices maintained recent trends in CoreLogic’s latest report, with home prices rising at a 5% to 6% annual rate for more than a year now. However, when broken down to local-market level, the results can start to vary.