Mortgage Data

February 21, 2005, 12:00 a.m. EST 1 Min Read

	30-yr Fixed Rate Mortgage	15-yr Fixed Rate Mortgage	5-yr Treasury Indexed ARMs	1-yr Treasury Indexed ARMs	MBA Refi Index	Home Purchase Index

Week ending 02/18/05	5.62%	5.14%	5.05%	0.0415	2530.1	423.3
Week ending 02/11/05	5.57%	5.10%	4.99%	0.0411	2430.7	444.6
One Year Ago	5.58%	4.87%		0.0353

Refinancings made up 49.9% of the total volume of mortgage loan applications, increasing from 48.9% last week. Base period for indexes 3/16/90 = 100

MORE FROM ASSET SECURITIZATION REPORT

Securitization

Verizon Master trust raises another $750 million on mobile device payments

That the underlying contract holders prioritize using their smartphones and other mobile devices suggests that they are likely to prioritize payments related to those products.

By Donna M. Mitchell

April 15
M&A

Wintrust strikes $510 million deal to acquire Michigan bank

Should the all-stock transaction close as planned later this year, Wintrust Financial in the Chicago area would gain about $2.7 billion of assets.

By Jim Dobbs

April 15
Navigating the Path Ahead: The Outlook for Mortgage Interest Rates in 2024

Let's delve into the factors shaping the outlook for mortgage interest rates in 2024.

Sponsor Content from Lender Price
Securitization

Founder of 400CM finds attractive CMBS niches despite grim CRE outlook

Chris Hentemann, whose fund manages $6.2 billion in assets, seeks out B-piece opportunities and foresees banks executing more bulk loan sales and credit-risk transfers.

By John S. Hintze

April 15
Subprime lending

Bridgecrest returns to raise $467.5 million from subprime auto loans

The current levels of credit enhancement are a reduction from levels of 58.0%, 48.7%, 35.9%, 22.5% and 17% on the classes A, B, C, D and E on the BLAST 2024-1 deal.

By Donna M. Mitchell

April 12
Investment banking

Investment banking gives Wells Fargo, JPMorgan Chase earnings boosts

First-quarter results at the companies were promising for other banks looking to reel in fees from capital markets activities as deposit costs put pressure on net interest income.

By Catherine Leffert

April 12