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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.

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Mortgage rates down in March

The Federal Housing Finance Agency reported yesterday that its FHFA Index shows that mortgage rates decreased in March.

  • The National Average Contract Mortgage Rate for the Purchase of Previously Occupied Homes by Combined Lenders Index was 4.36 percent for loans closed in late March, down 10 basis points from 4.46 percent in February.
  • The average interest rate on all mortgage loans was 4.44 percent, down 6 basis points from 4.50 in February.
  • The average interest rate on conventional, 30-year, fixed-rate mortgages of $484,350 or less was 4.61 percent, down 6 basis points from 4.67 in February.
  • The effective interest rate on all mortgage loans was 4.51 percent in March, down 9 basis points from 4.60 in February.
  • The average loan amount for all loans was $325,100 in March, up $11,700 from $313,400 in February.
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