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Press Release

Fannie Mae Weekly Yield for February 14, 2014

February 18, 2014

Katherine Constantinou

202-752-5403

WASHINGTON, DC -- Fannie Mae (FNMA/OTC) today reported its posted yields for February 14, 2014. 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

2.320

30-year FRM

3.940

3.930

3.200

FHA/VA (30-year FRM)

4.580

4.580

3.780

(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

1.610

1.630

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: https://www.fanniemae.com/progress.

Follow us on Twitter: https://twitter.com/FannieMae.