Mortech-MortgageDaily.com Mortgage Market Index for the Week Ended May 26, 2010
Week Ended May 26, 2010

National Average Loan Amount $220,893
Top 3 States state
$314,057 DC
$303,786 HI
$283,115 MA

Bottom 3 States state
$162,653 OH
$163,785 AR
$166,170 NE

National Average Rate-Term Refinance Amount $239,363
Top 3 States state
$304,031 DC
$289,161 MA
$285,348 ND

Bottom 3 States state
$140,714 AK
$164,386 NE
$173,202 AR

National Average Cashout Refinance Amount $221,549
Top 3 States state
$315,937 DC
$297,500 ND
$285,096 CA

Bottom 3 States state
$143,047 NV
$150,347 IA
$153,126 SD
National Average Jumbo Loan Amount $653,874
Top 3 States state
$1,008,135 SC
$978,166 OK
$907,442 CO

Bottom 3 States state
$477,641 MI
$483,338 OR
$537,000 ME

National Rate-Term Refinance Share 39.370%
National Cashout Refinance Share 12.910%
Total Cashout Refinance Share 52.280%

HOT PRODUCTS
Product state
State Average
Conv30 MA $305,091
Conv30 MO $211,800
Conv30 CA $284,091
Conv30 NJ $293,721
Conv30 IL $344,841
Conv30 TX $219,874
Conv15 MA $275,851
Conv30 KS $203,405
FHA30 MA $289,016
FHA30 MO $158,282
FHA30 TX $162,929
Conv15 MO$198,942
Conv30 NE $179,202
Conv30 AR $186,766

Average rate for each product from All investors
round(avg(rate),3)
Product
4.747% Conv30
4.140% Conv15
3.660% 5-1LiborARM
4.570% FHA30
4.330% FHA15
4.640% VA30
5.600% Jumbo30
Mortgage Market Index 270