Exception Tracking Spreadsheet (TicklerTrax™)
Downloaded by more than 1,000 bankers. Free Excel spreadsheet to help you track missing and expiring documents for credit and loans, deposits, trusts, and more. Visualize your exception data in interactive charts and graphs. Provided by bank technology vendor, AccuSystems. Download TicklerTrax for free.
April mortgage rates decline
The Federal Housing Finance Agency (FHFA) has released its April 2015 Mortgage Index, which indicates:
- The National Average Contract Mortgage Rate for the Purchase of Previously Occupied Homes by Combined Lenders index was 3.78 percent for loans closed in late April, down 2 basis points.
- The average interest rate on all mortgage loans was 3.78 percent, down 2 basis points from 3.80 in March.
- The average interest rate on conventional, 30-year, fixed-rate mortgages of $417,000 or less was 3.93 percent, a decrease of 2 basis points.
- The effective interest rate on all mortgage loans was 3.94 percent in April, down 1 basis point from 3.95 percent.
- The average loan amount for all loans was $310,600 in April, down $200 from $310,800.
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