April 14, 2014

Fannie Mae Weekly Yield Katie Penote 202-752-2261

WASHINGTON, DC -- Fannie Mae (FNMA/OTC) today reported its posted yields for April 11, 2014. All Fannie Mae yields are quoted on a net basis. Servicing fees are not included.

Fixed-rate Mortgage Yields

Conventional

Current

Week Ago

Year Ago

15-year FRM

2.850

3.000

2.240

30-year FRM

3.870

4.070

3.090

FHA/VA (30-year FRM)

4.490

4.720

3.680

(30-day mandatory delivery for actual/actual remittances; 10-, 60-, and 90-day yields also are available.)

Adjustable-rate Mortgage (30-year term) Yields

Adjustment Period (year)

Interest Rate Caps Per Adj.

Interest Rate Caps Lifetime

Current

Week Ago

Year Ago

Net Margin

1*

2%

6%

1.590

1.600

1.620

2.250%

*Rate reduction

Lower yields are available for 15-year term ARMs.

Historical LIBOR Index Rates are available at: https://www.fanniemae.com/content/pricing/arm-index-values-fannie-mae-libor.pdf

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