Fannie Mae Weekly Yield for July 11, 2014
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Katherine Constantinou
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202-752-5403
WASHINGTON, DC -- Fannie Mae (FNMA/OTC) today reported its posted yields for July 11, 2014. 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 |
2.720 |
2.760 |
3.040 |
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30-year FRM |
3.770 |
3.800 |
4.030 |
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FHA/VA (30-year FRM) |
4.410 |
4.440 |
4.630 |
(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% |
1.610 |
1.590 |
1.620 |
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.
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