Mortgage Daily

Published On: May 5, 2010

 




Week Ended May 5, 2010



National Average Loan Amount
$206,815



Top 3 States state
$298,263 AK
$278,693 ME
$273,013 DC



Bottom 3 States state
$148,628 AR
$150,573 WV
$154,278 NE



National Average Rate-Term Refinance Amount
$224,814



Top 3 States state
$337,500 AK
$323,893 HI
$282,673 CA



Bottom 3 States state
$146,426 NE
$154,148 AR
$171,480 IA



National Average Cashout Refinance Amount
$209,590



Top 3 States state
$290,727 AK
$283,675 DC
$281,097 CA



Bottom 3 States state
$127,861 MS
$130,757 OH
$132,232 AR



National Average Jumbo Loan Amount
$656,850



Top 3 States state
$1,225,313 SC
$905,000 OR
$899,076 LA



Bottom 3 States state
$440,000 MS
$450,000 ME
$450,658 NV



National Rate-Term Refinance Share
20.920%



National Cashout Refinance Share
10.870%



National Total Refinance Share
31.790%



HOT PRODUCTS
Product state State Average
Conv30 MA $287,257
Conv30 MO $195,690
Conv30 IL $248,480
Conv30 TX $218,841
Conv30 CA $274,049
Conv30 NJ $287,338
FHA30 TX $156,569
Conv30 KS $209,400
FHA30 MO $148,818
FHA30 CA $260,498
FHA30 MA $292,400
Conv30 VA $259,791
Conv30 NE $178,372
Conv30 AR $172,940
Conv15 TX $191,443



Average rate for each product from All investors
round(avg(rate),3) Product
5.065% Conv30
4.370% Conv15
3.640% 5-1LiborARM
4.880% FHA30
4.480% FHA15
4.960% VA30
5.780% Jumbo30



Mortgage Market Index
239



 

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