Real estate market recap, Sept. 28-Oct. 2

Check Inman every day for the daily version of this market roundup.

Weekly mortgage rates:

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Thursday, Oct. 1:

RealtyTrac’s “Why Homes Are More Affordable With Home Prices Higher” report:

Home prices in the first quarter of the year hit their most affordable level in two years.
The average interest rate on a 30-year fixed rate mortgage dropped 57 basis points, or 13 percent from the first quarter of 2014 to the first quarter of 2015.
The drop in interest rates — along with wage growth outpacing home price appreciation in 32 percent of counties — meant buying a home in the first quarter required a smaller share of the average wage compared to a year ago.

U.S. Census Bureau’s August 2015…