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

Mortgage rates:

Home equity rates:

Most recent market news:

Mortgage Bankers Association’s weekly applications survey:

• Mortgage applications decreased 11.2 percent from one week earlier.
• The Refinance Index decreased 15 percent week-over-week.
• The seasonally adjusted Purchase Index decreased 3 percent week-over-week to its lowest level since February 2016.

Federal Housing Finance Agency’s mortgage rate indices for June 2016:

• Interest rates on conventional mortgages were little changed from May 2016 to June 2016.
• The average interest rate on all mortgage loans was 3.70 percent.
• The average loan amount was $333,900 in June, up $4,400 from May.

Freddie Mac’s Multi-Indicator Market Index (MiMi):

• The national MiMi value stands at 85.
• This is up 1.05 percent month-over-month and 2.39 percent quarter-over-quarter.
• Year-over-year, the MiMi is up 7.30 percent.

Email market reports to press@inman.com.