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WASHINGTON, DC -- Fannie Mae (FNM/NYSE), today reported its posted yields for October 23, 2009. All Fannie Mae yields are quoted on a net basis. Servicing fees are not included.
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Fixed-rate Mortgage Yields
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Conventional
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Current
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Week Ago
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Year Ago
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15-year FRM
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4.120
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4.130
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5.300
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30-year FRM
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4.740
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4.760
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5.700
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FHA/VA (30-year FRM)
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5.540
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5.540
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6.220
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(30-day mandatory delivery for actual/actual remittances; 10-, 60- and 90-day yields are also available.)
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Adjustable-rate Mortgage (30-year term) Yields
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Adjustment Period (year)
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Interest Rate Caps Per Adj.
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Interest Rate Caps Lifetime
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Current
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Week Ago
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Year Ago
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Net Margin
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1*
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2%
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6%
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2.910
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3.000
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5.100
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2.250%
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*Rate reduction
Lower yields are available for 15-year term ARMs.
Historical LIBOR Indices Rates are available on https://www.efanniemae.com/sf/refmaterials/libor/index.jsp.
Editor's Note:
Subscribers to the Fannie Mae E-news service, which is available through www.fanniemae.com, may register to receive this release and any other Fannie Mae releases automatically by electronic transmission. E-news subscribers will typically receive a release within 24 hours of the time it is posted to the Web site.
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