Fannie Mae Weekly Yields

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News Release

October 07, 2013

Fannie Mae Weekly Yield

WASHINGTON, DC -- Fannie Mae (FNMA/OTC) today reported its posted yields for October 4, 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

2.870

2.910

2.070

30-year FRM

3.840

3.860

2.680

FHA/VA (30-year FRM)

4.450

4.480

3.310

(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%

1.600

1.600

1.500

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

Fannie Mae enables people to buy, refinance, or rent a home.

Visit us at: http://www.fanniemae.com/progress.

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