30-yr Fixed Rate Mortgage | 15-yr Fixed Rate Mortgage | 1-yr Treasury Indexed ARMs | MBA Refi Index | Home Purchase Index | |
Week ending 04/02/04 | 5.52% | 4.84% | 3.46% | 4857.6 | 443.8 |
Week ending 03/26/04 | 5.40% | 4.70% | 3.36% | 4988.7 | 448.9 |
One Year Ago | 5.79% | 5.06% | 3.82% | ||
Refinancings made up 62.8% of the total volume of mortgage loan applications, decreasing from 63.1% from last week. Base period for indexes 3/16/90 = 100 |
-
Subordination provides credit enhancement to the notes, as well as deposits in the reserve and redemption accounts.
6h ago -
The capital structure features initial exchangeable notes among the class A, mezzanine and B1 notes. The super senior and senior support tranches will repay noteholders on a pro-rata basis.
May 2 -
The company's branches and loan officers will transition to ML Mortgage but operations staff are not part of the deal.
May 2 -
Note payments are linked to two tranched credit default swap (CDS) transactions, one related to the reference obligation between the issuer and SoFi Bank and SoFi Lending and the Issuer.
May 1 -
The Federal Open Market Committee held the federal funds rate at current levels, citing "lack of further progress" toward meeting inflation goals.
May 1 -
During this week's Federal Open Market Committee meeting, officials voted to lower the cap on the amount of Treasury securities that can roll off the central bank's books each month from $60 billion to $25 billion.
May 1