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 05/29/08 | 6.08% | 5.66% | 5.62% | 5.22% | 2013.5 | 352.7 | |||||||
Week ending 05/22/08 | 5.98% | 5.55% | 5.61% | 5.24% | 2210.5 | 352.5 | |||||||
One Year Ago | 6.42% | 6.12% | 6.19% | 5.57% |
Refinancings made up 46.1% of the total volume of mortgage loan applications, decreasing from 48.2% last week. Base period for indexes 3/16/90 = 100