June 18, 2012
Fannie Mae Weekly YieldWASHINGTON, DC -- Fannie Mae (FNMA/OTC) today reported its posted yields for June 15, 2012. 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 |
2.370 |
2.370 |
3.300 |
|
30-year FRM |
3.140 |
3.140 |
4.220 |
|
FHA/VA (30-year FRM) |
3.740 |
3.740 |
4.840 |
(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% |
1.520 |
1.520 |
1.670 |
2.250% |
*Rate reducion
Lower yields are available for 15-year term ARMs.
Historical LIBOR Index Rates are available at https://www.efanniemae.com/sf/refmaterials/libor/index.jsp.