Daily market update: Feb. 8, 2016

Fannie Mae’s January 2016 Home Purchase Sentiment Index (HPSI):

• The HPSI decreased 1.7 points month-over-month.
• This puts January’s HPSI at 81.5.
• The share of consumers who reported their net income was significantly higher than one year ago fell 3 percentage points month-over-month.

The February preliminary Money Anxiety Index:

• The February preliminary Money Anxiety Index is 62.4.
• This is the same as January’s index.
• This indicates uncertainty and confusion among consumers about the economy.

February preliminary Money Anxiety Index

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

Last week’s most recent market news:

Mortgage Bankers Association’s Mortgage Credibility Index (MCAI) for January 2016:

• The MCAI decreased 0.4 percent month-over-month, to 123.8.
• This indicates that lending standards are tightening.
• The Conforming MCAI saw the greatest tightening (1.5 percent) followed by the Government MCAI (0.8 percent).

Email market reports to press@inman.com.