Mortgage Daily

Published On: June 23, 2010

 




Week Ended Jun 23, 2010



National Average Loan Amount
$215,847



Top 3 States state
$306,728 DC
$281,668 MA
$261,417 HI



Bottom 3 States state
$155,125 NE
$159,487 IA
$161,207 AR



National Average Rate-Term Refinance Amount
$233,114



Top 3 States state
$336,588 DC
$306,929 HI
$290,700 MA



Bottom 3 States state
$154,974 ND
$158,904 NE
$164,983 IA



National Average Cashout Refinance Amount
$217,045



Top 3 States state
$286,079 AK
$282,682 HI
$275,136 CA



Bottom 3 States state
$142,687 NE
$144,326 AR
$151,707 WV



National Average Jumbo Loan Amount
$635,963



Top 3 States state
$905,000 SD
$860,862 TN
$845,047 RI



Bottom 3 States state
$490,000 ME
$510,533 WA
$514,900 DE



National Rate-Term Refinance Share
37.95%



National Cashout Refinance Share
13.44%



National Total Refinance Share
51.39%



HOT PRODUCTS
Product state State Average
Conv30 MA $305,374
Conv30 MO $205,930
Conv30 CA $291,681
Conv30 IL $252,307
Conv30 NJ $289,081
Conv30 TX $207,154
Conv15 MA $281,498
Conv30 KS $206,413
Conv15 MO $195,798
FHA30 TX $161,662
FHA30 MA $287,297
FHA30 MO $160,520
Conv30 NE $169,382
3 MA $285,526
FHA30 CA $259,798



Average rate for each product from All investors Number of Queries Product
4.652% 45357 Conv30
4.060% 18373 Conv15
3.580% 1319 5-1LiborARM
4.530% 18129 FHA30
4.060% 3993 FHA15
4.570% 4820 VA30
5.590% 2037 Jumbo30



Mortgage Market Index
274



 

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