Mortgage Daily

Published On: February 18, 2011

Full Mortgage Market Index Report




Week Ended Feb. 18, 2011




National Average Loan Amount
$205,277




Top 3 States state
$290,301 DC
$276,388 AK
$264,360 CA




Bottom 3 States state
$136,810 IA
$146,780 ID
$147,724 MI




National Average Rate-Term Refinance Amount
$216,315




Top 3 States state
$275,779 CA
$274,846 AK
$270,134 DC




Bottom 3 States state
$140,493 IA
$145,199 NE
$146,363 ME




National Average Cashout Refinance Amount
$201,396




Top 3 States state
$366,500 DC
$253,793 MD
$250,890 MA




Bottom 3 States state
$114,209 MS
$125,936 IA
$126,420 NV




National Average Jumbo Loan Amount
$673,834




Top 3 States state
$1,020,052 AZ
$962,413 NV
$910,942 AR




Bottom 3 States state
$435,000 VT
$453,636 MS
$486,969 NE




National Rate-Term Refinance Share
33.30%




National Cashout Refinance Share
14.56%




National Cashout Refinance Share
47.86%




HOT PRODUCTS
Product state State Average
Conv30 MA $528,357
Conv30 MO $187,209
Conv30 CA $294,952
Conv30 TX $215,415
Conv30 NJ $258,653
Conv30 PA $228,161
Conv30 KS $193,597
Conv30 NE $168,892
Conv30 VA $253,466
Conv30 IL $215,519
FHA30 MO $143,046
Conv30 NY $273,273
Conv30 FL $198,198
Conv15 TX $193,147
FHA30 MA $271,411




Average rate for each product from All investors
5.105% Conv30
4.370% Conv15
3.730% 5-1LiborARM
4.810% FHA30
4.210% FHA15
4.870% VA30
5.830% Jumbo30




Mortgage Market Index
201




National ARM Share
9.500%




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