Mortgage Daily

Published On: June 9, 2010

 




Week Ended June 9, 2010



National Average Loan Amount
$215,771



Top 3 States state
$318,812 DC
$295,839 HI
$280,413 MA



Bottom 3 States state
$156,741 NE
$157,213 SD
$157,302 IA



National Average Rate-Term Refinance Amount
$234,597



Top 3 States state
$335,361 DC
$288,942 CA
$286,951 MA



Bottom 3 States state
$138,620 SD
$164,420 NE
$168,595 IA



National Average Cashout Refinance Amount
$214,480



Top 3 States state
$359,113 DC
$344,000 HI
$331,000 ND



Bottom 3 States state
$126,600 AL
$128,960 MS
$139,548 WV



National Average Jumbo Loan Amount
$675,344



Top 3 States state
$2,060,863 TN
$1,404,580 RI
$1,100,722 IN



Bottom 3 States state
$485,000 AK
$489,500 WV
$497,600 NM



National Rate-Term Refinance Share
36.130%



National Cashout Refinance Share
13.840%



National Total Refinance Share
49.970%



HOT PRODUCTS
Product state State Average
Conv30 MA $299,112
Conv30 MO $203,964
Conv30 CA $282,975
Conv30 IL $255,186
Conv30 NJ $291,075
Conv30 TX $212,614
Conv30 KS $205,413
Conv15 MA $275,315
FHA30 TX $163,161
FHA30 MA $293,598
Conv30 VA $261,804
FHA30 CA $276,199
FHA30 MO $152,687
Conv30 NE $184,429
Conv30 AR $182,495



Average rate for each product from All investors Product
4.780% Conv30
4.180% Conv15
3.770% 5-1LiborARM
4.640% FHA30
4.420% FHA15
4.700% VA30
5.670% Jumbo30



Mortgage Market Index
274



 

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