Mortgage (ARM) Indexes
| CMT + CMT FAQ + T-Bill + T-Bill FAQ + MTA + MTA FAQ + CODI + COFI + COFI FAQ + COSI + W-COSI + LIBOR + LIBOR FAQ + CD + Prime Rate + RNY + FHFB Contract Rate |
| Current Values + Release Dates + Comparison Chart + Which Index Is Better? + Mortgage Rate Trend Survey |
| Historical Data + COFI History + COSI History + CODI History + MTA History + Prime Rate History + Daily WSJ LIBOR Histories + Mortgage-X LIBOR History |
| Monthly CMT History + Daily CMT Histories + FHFB Contract Rate History + Federal COFI History + National Monthly Median COFI History + FNMA LIBOR History |
| 1-, 3-, 9-Yr Avg + 2-, 6-, 12-Yr Avg + 5-, 10-, 15-Year Averages + Prime Rate Forecast + MTA Rate Forecast + COFI Forecast + COSI Forecast + CODI Forecast |
| Variability Table + Changes of Direction + W-COSI or CODI? + 6-Month Trends + Lagging Indexes + Find the Best Mortgage! |
National Average Contract Mortgage Rate
| The index is the weighted average rate of initial mortgage interest rates paid by home buyers reported by a sample of mortgage lenders for
loans closed for the last 5 working days of the month*. The weights are determined by the type, size and location of the lender. The rate is based on
conventional fixed and adjustable rate mortgages on previously occupied non-farm single-family homes. The National Average Contract Mortgage Rate is derived from the Federal Housing Finance Board's Monthly Interest Rate Survey (MIRS)** and is reported by the FHFA (Federal Housing Finance Agency) on a monthly basis. Many lenders use this rate to reset the interest rate on ARMs. In the early 1980s, it was the only index rate that federally chartered savings and loan associations could use as an adjustable rate mortgage index. |
National Average Contract Mortgage Rate vs. Prime Rate,
1990-2010 { Obtaining Permission to Reproduce }
| The full name of the index is: 'National Average Contract Mortgage Rate For the Purchase of Previously Occupied Homes By Combined Lenders'. The index is also sometimes referred to as the National Mortgage Contract Interest Rate.
Historical Data: Mortgage-X compiles historical values for the indexes which are widely used on adjustable rate mortgages (ARMs). Click here for a history of the National Average Contract Mortgage Rate. Notes:
See also: National Average Contract Mortgage Rate History Starting from January of 1980 Back to Mortgage Indexes |
Interest Rate Forecasting: Economic Indicators | Mortgage Market Survey | Interest Rate Trends
Treasury Market and Mortgage Rates | Historical Mortgage Rate Data | Mortgage Indexes
 |
Mortgage professionals are welcome to participate! |  |
| Home + About Us + Contact Us + Disclaimer + Privacy Policy | ||
| Copyright © 1998-2012 Mortgage-X.com All Rights Reserved |
||
