30-yr. Fixed | 15-yr. Fixed | 5-yr Treasury | 1-yr Treasury- | MBA Refi | Home Purchase | ||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Rate Mortgage | Rate Mortgage | Indexed ARMs | Indexed ARMs | Index | Index | ||||||||
Week ending 05/22/08 | 5.98% | 5.55% | 5.61% | 5.24% | 2210.5 | 352.5 | |||||||
Week ending 05/15/08 | 6.01% | 5.60% | 5.57% | 5.18% | 2422.1 | 378.5 | |||||||
One Year Ago | 6.37% | 6.06% | 6.02% | 5.64% |
Refinancings made up 48.2% of the total volume of mortgage loan applications, decreasing from 48.7% last week. Base period for indexes 3/16/90 = 100