Mortgage Daily

Published On: May 26, 2010

 




Week Ended May 26, 2010
 


 

 


 

 


 

National Average Loan Amount
$220,893
 


 

 


 

 


 

Top 3 States state
$314,057 DC
$303,786 HI
$283,115 MA
 


 

 


 

 


 

Bottom 3 States state
$162,653 OH
$163,785 AR
$166,170 NE
 


 

 


 

 


 

National Average Rate-Term Refinance Amount
$239,363
 


 

 


 

 


 

Top 3 States state
$304,031 DC
$289,161 MA
$285,348 ND
 


 

 


 

 


 

Bottom 3 States state
$140,714 AK
$164,386 NE
$173,202 AR
 


 

 


 

 


 

National Average Cashout Refinance Amount
$221,549
 


 

 


 

 


 

Top 3 States state
$315,937 DC
$297,500 ND
$285,096 CA
 


 

 


 

 


 

Bottom 3 States state
$143,047 NV
$150,347 IA
$153,126 SD
 


 

 


 

 


 

National Average Jumbo Loan Amount
$653,874
 


 

 


 

 


 

Top 3 States state
$1,008,135 SC
$978,166 OK
$907,442 CO
 


 

 


 

 


 

Bottom 3 States state
$477,641 MI
$483,338 OR
$537,000 ME
 


 

 


 

 


 

National Rate-Term Refinance Share
39.370%
 


 

 


 

 


 

National Cashout Refinance Share
12.910%
 


 

 


 

 


 

Total Cashout Refinance Share
52.280%
 


 

 


 

 


 

HOT PRODUCTS
Product state State Average
Conv30 MA $305,091
Conv30 MO $211,800
Conv30 CA $284,091
Conv30 NJ $293,721
Conv30 IL $344,841
Conv30 TX $219,874
Conv15 MA $275,851
Conv30 KS $203,405
FHA30 MA $289,016
FHA30 MO $158,282
FHA30 TX $162,929
Conv15 MO $198,942
3 MA $290,512
Conv30 NE $179,202
Conv30 AR $186,766
 


 

 


 

 


 

Average rate for each product from All investors
round(avg(rate),3) Product
4.747% Conv30
4.140% Conv15
3.660% 5-1LiborARM
4.570% FHA30
4.330% FHA15
4.640% VA30
5.600% Jumbo30
 


 

 


 

 


 

Mortgage Market Index
324



 

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