February 11, 2013
Fannie Mae Weekly YieldWASHINGTON, DC -- Fannie Mae (FNMA/OTC) today reported its posted yields for February 8, 2013. 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 |
2.290 |
2.340 |
2.610 |
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|
30-year FRM |
3.120 |
3.130 |
3.320 |
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|
FHA/VA (30-year FRM) |
3.710 |
3.730 |
4.040 |
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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% |
1.600 |
1.600 |
1.460 |
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