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 05/08/08 | 6.05% | 5.60% | 5.67% | 5.29% | 2273.8 | 381.3 | |||||||
Week ending 05/01/08 | 6.06% | 5.59% | 5.73% | 5.29% | 1905.2 | 340.1 | |||||||
One Year Ago | 6.21% | 5.92% | 5.92% | 5.48% |
Refinancings made up 47.1% of the total volume of mortgage loan applications, increasing from 45.7% last week.Base period for indexes 3/16/90 = 100