July 21, 2014

Fannie Mae Weekly Yield Katherine Constantinou 202-752-5403

WASHINGTON, DC -- Fannie Mae (FNMA/OTC) today reported its posted yields for July 18, 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

2.770

2.720

2.940

30-year FRM

3.760

3.770

3.900

FHA/VA (30-year FRM)

4.400

4.410

4.480

(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%

1.630

1.610

1.630

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

distributed by