|
|
|
|
|
|
Complete list of specialty news sections
Subscribe to MortgageDaily.com and get immediate access to all news, statistics and archives.
Reach mortgage executives, loan originators and other people tied to mortgage industry.
Free mortgage news for prospective borrowers.
Free e-mail newsletter with the latest headlines from MortgageDaily.com.
Put entire MortgageDaily.com stories in your online or printed newsletter or publication.
Condensed MortgageDaily.com stories free on your Web site or for your RSS reader.
Archive of MortgageDaily.com stories by month going back to 1999.
Reports and announcements from MortgageDaily.com.
Data and statistics for real estate finance.
Directories of lenders, branch operators and mortgage service providers.
Directories of lenders, branch operators and mortgage service providers.
|
|
|
|
|
Mortgage Market Index
A barometer of upcoming originations, the Mortgage Market Index includes data on jumbo, FHA and refinance activity. |
powered by
 |
|
| Holidays Dampen Demand, Rates Bounce off Bottom
Mortgage Market Index 193 for week ended Dec. 23
Dec. 23, 2011
By MortgageDaily.com staff
|
The U.S. Mortgage Market Index from Mortech Inc. and MortgageDaily.com for the week ended Dec. 23 was 193.
It was the slowest week for loan inquiries since the Thanksgiving index of 161.
The 30-year mortgage average fell to the lowest on record, but an analysis of market data reported by the Department of the Treasury indicates that mortgage rates could be around 12 basis points worse by the time the next report rolls around. |
subscribers read story
non-subscribers purchase and read story now
current headlines
browse free headlines by subject
|
 |
back to main Mortgage Market Index page
|
Refinance News | Refinance Share Statistics
News about refinancing programs, pricing and production. Stories about the H o m e
Affordable Refinance Program, H A R P 2.0 and other Making Home Affordable coverage.
|
Mortgage Rate News | Mortgage Market Index | ARM indices | ARM Statistics
Average fixed and ARM rates. Rate forecasts. Quotes on ARM indexes including COFI, MTA, LIBOR & Treasuries. Rate reset studies and reports. Mortgage rate litigation.
|
Origination News | Lender Ranking | Fundings by Lender | Statistics
Quarterly residential mortgage production by lender. Subprime, Alt-A, home equity and conforming originations. Volume by quarter since 2003.
|
Jumbo Mortgage News
|
|
|
|
|
|
Mortgage Market Index powered by
LoanSifter
|
MMI home page
2013 weekly MMI
2012 weekly MMI
2011 weekly MMI
2010 weekly MMI
2009 weekly MMI
|
About the Mortgage Market Index
The U.S. Mortgage Market Index launched on Dec. 17, 2009.
The index itself reflects the average number of rate locks each week per Optimal Blue originator-user. The index is an excellent indicator of upcoming mortgage production.
A byproduct of the Mortgage Market Index is a full report each week that includes the latest mortgage rates, refinancing trends and other important mortgage data.
On April 12, 2013, LoanSifter began supplying the underlying data for the Mortgage Market Index. As a result, the basis for index activity was changed to average pricing inquiries per LoanSifter user. Read white paper about LoanSifter data.
On Dec. 14, 2012, Optimal Blue replaced Mortech Inc. as the data provider for the Mortgage Market Index. As a result, rate locks replaced pricing inquiries as the basis for activity.
On Jan. 16, 2012, data for jumbo share and a jumbo index was added.
On Jan. 13, 2012, an adjustment was made to the calculation for the share of refinances versus purchases. This had the effect of increasing the weekly refinance share from 66.3% to 70.0% and reducing the purchase share by the difference.
On Feb. 11, 2011, the end of the week for the Mortgage Market Index was moved from Wednesday until Friday.
ARM-share data was added as of Feb. 11, 2011.
On June 9, 2010, a programming glitch was identified that caused the Mortgage Market Index itself to reflect data that was one week old. The glitch impacted reports issued from April 14, 2010, to June 2, 2010. The reports have been revised to reflect the correct index.
As of March 24, 2010, the Mortgage Market Index converted from utilizing an inquiries-per-user metric to an actual index value. The modification, which was made as part of ongoing efforts to improve the index, was applied to previously issued reports. This change did not impact, however, the level of weekly changes.
|
Refinance News
News about refinancing programs, pricing and production.
H A R P 2.0 news.
|
Origination News
Originations by Lender
Origination Statistics
FHA Originations
Market Share Statistics
Mortgage Statistics
Mortgage Rate News
ARM indices
|
|
|
|
