Good to Know! Markets are turbulent, but mortgage rates stay about the same.

According to Bankrate today, "Mortgage rates were mostly flat this week as global markets struggled to recoup earlier losses brought on by China's stock market crash."

Home prices increased 1.7% from June to July, and nearly 7% year over year, according to data released this week from CoreLogic.  The real estate research firm's Home Price Index also forecast that prices will have increased 0.5% from July to August and 4.7% year over year from July 2015 to July 2016.

Mortgage applications soared 11.3% last week from a week prior, according to data from the Mortgage Bankers Association's weekly survey. Purchases and refinances were up 4% and 17%, respectively.

Read more.