July 21, 2014
Fannie Mae Weekly Yield Katherine Constantinou 202-752-5403WASHINGTON, 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
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