Mortgage Daily

Published On: May 12, 2010

 




Week Ended May 12, 2010



National Average Loan Amount
$214,339



Top 3 States state
$334,427 ND
$318,570 DC
$279,410 MA



Bottom 3 States state
$149,256 MS
$154,964 AR
$159,143 NE



National Average Rate-Term Refinance Amount
$232,587



Top 3 States state
$370,017 ND
$344,692 HI
$319,816 DC



Bottom 3 States state
$151,000 AK
$152,997 NE
$158,893 WV



National Average Cashout Refinance Amount
$221,321



Top 3 States state
$278,737 VT
$273,743 CA
$272,538 DC



Bottom 3 States state
$128,131 IA
$129,247 AR
$145,101 ID



National Average Jumbo Loan Amount
$639,718



Top 3 States state
$1,147,647 NV
$947,421 WI
$775,529 KY



Bottom 3 States state
$465,000 OR
$477,143 AK
$525,838 NE



National Rate-Term Refinance Share
26.510%



National Cashout Refinance Share
12.710%



National Total Refinance Share
39.220%



HOT PRODUCTS
Product state State Average
Conv30 MA $296,929
Conv30 MO $201,203
Conv30 NJ $302,600
Conv30 CA $274,200
Conv30 TX $214,777
Conv30 IL $251,314
FHA30 TX $157,815
Conv30 KS $213,398
FHA30 CA $276,811
FHA30 MO $153,357
Conv30 VA $263,183
FHA30 MA $294,666
Conv30 NE $189,049
Conv30 NY $258,219
Conv30 PA $234,790



Average rate for each product from All investors
Product
4.980% Conv30
4.320% Conv15
3.580% 5-1LiborARM
4.770% FHA30
4.460% FHA15
4.840% VA30
5.760% Jumbo30



Mortgage Market Index
252



 

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