Active 30-Year Mortgage Distribution by Current Interest Rate

[Pages:1]Active 30-Year Mortgage Distribution by Current Interest Rate

6 Mil

LTV = 720 LTV 80%

5.2 million borrowers still have incentive to refinance and meet

5 Mil

broad based underwriting criteria

With a 50 basis point rise in rates roughly 2.1 million (41%) of

4 Mil

those borrowers may lose interest rate incentive to refinance

Cut-off for incentive to refinance is set at 4.71%

3 Mil

(75 BPs above most recent weekly FHLMC 30-Year Rate)

2 Mil

1 Mil

Mil

Below 3% 3.00-3.24% 3.25-3.49% 3.50-3.74% 3.75-3.99% 4.00-4.24% 4.25-4.49% 4.50-4.74% 4.75-4.99% 5.00-5.24% 5.25-5.49% 5.50-5.74% 5.75-5.99% 6.00-6.24% 6.25-6.49% 6.50-6.74% 6.75-6.99% 7.00-7.24% 7.25-7.49% 7.50-7.74% 7.75-7.99% 8% and Above

*Limited to 30-year mortgage holders that are current on their monthly payments

 ................
................

In order to avoid copyright disputes, this page is only a partial summary.

Google Online Preview   Download