December 10, 2012
Fannie Mae Weekly YieldWASHINGTON, DC -- Fannie Mae (FNMA/OTC) today reported its posted yields for December 7, 2012. All Fannie Mae yields are quoted on a net basis. Servicing fees are not included.
|
Fixed-rate Mortgage Yields |
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|
Conventional |
Current |
Week Ago |
Year Ago |
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|
15-year FRM |
2.150 |
2.160 |
2.740 |
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|
30-year FRM |
2.790 |
2.790 |
3.530 |
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|
FHA/VA (30-year FRM) |
3.400 |
3.410 |
4.230 |
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(30-day mandatory delivery for actual/actual remittances; 10-, 60-, and 90-day yields also are available.)
|
Adjustable-rate Mortgage (30-year term) Yields |
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|
Adjustment Period (year) |
Interest Rate Caps Per Adj. |
Interest Rate Caps Lifetime |
Current |
Week Ago |
Year Ago |
Net Margin |
|
1* |
2% |
6% |
1.590 |
1.570 |
1.420 |
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