January 22, 2013
Fannie Mae Weekly YieldWASHINGTON, DC -- Fannie Mae (FNMA/OTC) today reported its posted yields for January 18, 2013. 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 |
2.210 |
2.190 |
2.630 |
|
30-year FRM |
2.960 |
2.900 |
3.340 |
|
FHA/VA (30-year FRM) |
3.590 |
3.520 |
4.080 |
|
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% |
1.640 |
1.600 |
1.450 |
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