| Quarterly Refinance Statistics | |||||
| Percentage of Refinances Resulting in: | Descriptive Statistics on Loan Terms and Property Valuation | ||||
| Quarter | 5% Higher Loan Amount1 | Median Ratio of New to Old Rate2 | Median Age of Refinanced Loan (years) | Median Appreciation of Refinanced Property | |
| 200101 | 53% | 8% | 0.87 | 1.6 | |
| 200102 | 60% | 9% | 0.87 | 2.5 | 16% |
| 200103 | 61% | 10% | 0.88 | 2.7 | 18% |
| 200104 | 47% | 19% | 0.84 | 2.8 | 14% |
| 200201 | 61% | 10% | 0.86 | 3.4 | 18% |
| 200202 | 63% | 10% | 0.88 | 3.4 | 20% |
| 200203 | 44% | 19% | 0.84 | 2.9 | 13% |
| 200204 | 40% | 22% | 0.82 | 2.4 | 11% |
| 200301 | 41% | 13% | 0.81 | 1.9 | 7% |
| 200302 | 33% | 15% | 0.79 | 1.7 | 3% |
| 200303 | 34% | 17% | 0.78 | 1.7 | 5% |
| 200304 | 44% | 21% | 0.82 | 2.2 | 12% |
| 200401 | 42% | 13% | 0.82 | 2 | 6% |
| 200402 | 43% | 14% | 0.83 | 2 | 8% |
| 200403 | 60% | 15% | 0.88 | 2.5 | 17% |
| 200404 | 57% | 19% | 0.88 | 2.2 | 16% |
| 200501 | 64% | 10% | 0.89 | 2.4 | 18% |
| 200502 | 72% | 9% | 0.92 | 2.5 | 23% |
| 200503 | 73% | 10% | 0.93 | 2.6 | 24% |
| 200504 | 81% | 8% | 0.98 | 2.9 | 29% |
| 200601 | 86% | 5% | 1.02 | 3 | 31% |
| 200602 | 88% | 4% | 1.08 | 3.2 | 34% |
| 200603 | 88% | 5% | 1.1 | 3.3 | 33% |
| 200604 | 82% | 7% | 1.04 | 3.3 | 28% |
| 200701 | 83% | 5% | 1.02 | 3.4 | 25% |
| 200702 | 84% | 5% | 1.02 | 3.5 | 24% |
| 200703 | 86% | 5% | 1.1 | 3.9 | 26% |
| 200704 | 77% | 8% | 1.02 | 3.6 | 19% |
| 200801 | 58% | 9% | 0.91 | 2.4 | 8% |
| 200802 | 66% | 9% | 0.93 | 3.2 | 12% |