Mortgage Daily

Published On: June 2, 2010

 




Week Ended June 2, 2010



National Average Loan Amount
$212,806



Top 3 States state
$326,702 DC
$293,137 HI
$278,995 AK



Bottom 3 States state
$135,038 WV
$139,475 ND
$149,263 MS



National Average Rate-Term Refinance Amount
$229,804



Top 3 States state
$323,670 DC
$304,620 VT
$280,487 MA



Bottom 3 States state
$123,050 ND
$138,883 WV
$145,667 MS



National Average Cashout Refinance Amount
$213,219



Top 3 States state
$340,000 HI
$331,000 ND
$318,398 DC



Bottom 3 States state
$113,060 WV
$134,818 MT
$137,199 IN



National Average Jumbo Loan Amount
$653,128



Top 3 States state
$1,351,133 SC
$1,263,870 IN
$913,232 CO



Bottom 3 States state
$469,553 OR
$482,614 NM
$525,558 HI



National Rate-Term Refinance Share
34.55%



National Cashout Refinance Share
13.01%



National Total Refinance Share
47.56%



HOT PRODUCTS
Product state State Average
Conv30 MA $291,788
Conv30 MO $200,626
Conv30 CA $272,221
Conv30 TX $217,456
Conv30 NJ $272,462
Conv30 IL $249,851
Conv30 KS $201,176
FHA30 MA $270,559
Conv15 MA $278,953
FHA30 TX $160,676
Conv30 NE $170,876
Conv15 MO $188,109
Conv30 AR $178,428
Conv15 TX $193,597
FHA30 CA $256,734



Average rate for each product from All investors
Product
4.836% Conv30
4.220% Conv15
3.830% 5-1LiborARM
4.660% FHA30
4.460% FHA15
4.740% VA30
5.650% Jumbo30



Mortgage Market Index
225



 

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