|
1-Year CMT Index
Many types of adjustable rate mortgage loans are indexed to the CMT Index (constant maturity of U.S. treasuries). Below is a chart of CMT rates for the last 10 years. CMT residential mortgage loans normally have 2.75% margin rate. Both CMT and
LIBOR are faster moving the
12 MTA index (12 month treasury average). |
|
1 Year CMT Index The CMT Index is based on the weekly average yield of the United States Treasury securities, adjusted to a constant maturity of 1 year, as made available by the Federal Reserve. The CMT Index is based on yields published in the release entitled the "Selected Interest Rates H-15" which is published weekly by the Federal Reserve Board. Although the CMT index is published weekly, this chart only shows historical data on a monthly basis. | | |
1995 |
1996 |
1997 |
1998 |
1999 |
2000 |
2001 |
2002 |
2003 |
2004 |
2005 |
2006 |
2007 |
2008 | |
January |
7.21% |
5.21% |
5.50% |
5.55% |
4.63% |
5.95% |
5.44% |
2.28% |
1.41% |
1.28% |
2.75% |
4.45% |
5.06% |
2.71% | |
February |
6.95% |
5.05% |
5.62% |
5.28% |
4.51% |
6.17% |
4.83% |
2.23% |
1.32% |
1.25% |
2.89% |
4.67% |
5.05% |
2.05% | |
March |
6.54% |
5.14% |
5.60% |
5.42% |
4.82% |
6.22% |
4.69% |
2.24% |
1.30% |
1.22% |
3.15% |
4.77% |
4.92% |
1.54% | |
April |
6.38% |
5.42% |
5.94% |
5.39% |
4.75% |
6.30% |
4.17% |
2.70% |
1.27% |
1.17% |
3.38% |
4.90% |
4.93% |
1.74% | |
May |
6.24% |
5.52% |
6.01% |
5.45% |
4.73% |
6.09% |
3.82% |
2.36% |
1.31% |
1.55% |
3.32% |
5.00% |
4.91% |
| |
June |
5.92% |
5.70% |
5.86% |
5.43% |
4.93% |
6.28% |
3.78% |
2.38% |
1.13% |
1.82% |
3.31% |
5.16% |
4.96% |
| |
July |
5.65% |
5.79% |
5.65% |
5.41% |
5.14% |
6.15% |
3.72% |
2.13% |
1.02% |
2.16% |
3.46% |
5.22% |
4.96% |
| |
August |
5.72% |
5.85% |
5.54% |
5.37% |
5.07% |
6.06% |
3.59% |
1.88% |
1.13% |
2.16% |
3.77% |
5.08% |
4.47% |
| |
September |
5.66% |
5.81% |
5.59% |
5.10% |
5.19% |
6.21% |
3.45% |
1.81% |
1.35% |
2.03% |
3.88% |
4.97% |
4.14% |
| |
October |
5.69% |
5.72% |
5.47% |
4.61% |
5.23% |
6.09% |
3.02% |
1.68% |
1.22% |
2.20% |
3.97% |
5.01% |
4.10% |
| |
November |
5.58% |
5.48% |
5.35% |
4.10% |
5.51% |
6.01% |
2.31% |
1.79% |
1.30% |
2.28% |
4.33% |
5.01% |
3.50% |
| |
December |
5.39% |
5.41% |
5.50% |
4.59% |
5.65% |
6.09% |
2.35% |
1.51% |
1.35% |
2.60% |
4.35% |
4.94% |
3.26% |
| |
Annual average |
6.08% |
5.51% |
5.64% |
5.14% |
5.01% |
6.14% |
3.76% |
2.08% |
1.26% |
1.81% |
3.59% |
4.93% |
4.52% |
| | |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Thinking about refinancing?
Check the fixed rates
|
