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Monthly Interest Rate Survey (MIRS)

 

The survey provides monthly information on interest rates, loan terms, and house prices by property type (all, new, previously occupied), by loan type (fixed- or adjustable-rate), and by lender type (savings associations, mortgage companies, commercial banks, and savings banks), as well as information on 15-year and 30-year fixed-rate loans.  In addition, the survey provides quarterly information on conventional loans by major metropolitan area and by Federal Home Loan Bank district.

To conduct this survey, FHFA asks a sample of mortgage lenders to report the terms and conditions on all single-family, fully amortized, purchase-money, nonfarm loans that they close during the last five business days of the month.  The survey excludes FHA-insured and VA-guaranteed loans, multifamily loans, mobile home loans, and loans created by refinancing another mortgage.

FHFA will release August index values Wednesday, September 28, 2016.

 

Adjustable Rate Mortgage (ARM) Index


 

Many lenders use this rate to reset the interest rate on some ARMs. This index was the only index rate that federally chartered savings and loan associations could use as an adjustable-rate mortgage index in the early 1980s.

Announcement Date Index Month Index Rate News Release

​August 30, 2016

July 2016​

​3.62

[PAGE]​

​​July 27, 2016

June 2016​

3.69​

[PAGE]

​​June 29, 2016

May 2016​

3.70​

[PAGE]

May 26, 2016

April 2016

3.75

[PAGE]

April 28, 2016

March 2016

3.73

[PAGE]

March 29, 2016

February 2016

3.88

[PAGE]

February 25, 2016

January 2016

3.98

[PAGE]

January 28, 2016

December 2015

3.97

[PAGE]

December 30, 2015

November 2015

3.85

[PAGE]

November 24, 2015

October 2015

3.89

[PAGE]

October 29, 2015

September 2015

3.93

[PAGE]

September 29, 2015

August 2015

3.99

[PAGE]

August 27, 2015

July 2015

4.02

[PAGE]

July 30, 2015

June 2015

3.85

[PAGE]

June 25, 2015

May 2015

3.75

[PAGE]



Historical Summary Tables


The following tables present historical summary data prior to 2008 containing Rates and Terms on Conventional Single-Family Non-farm Mortgage Loans. This survey is the nation's most comprehensive source of information on conventional mortgage rates and terms.

Description Reporting Period Format

Loans Closed, By Property Type - Table 1

Monthly

7/2015 - 7/2016

[XLS]

Loans Closed, By Loan Type - Table 2

Monthly

 7/2015 - 7/2016

[XLS]

Loans Closed, 15- and 30- Year Fixed-Rate Mortgages - Table 4

Monthly

7/2015 - 7/2016

[XLS]

Loans Closed, By Metropolitan Statistical Area (MSA) - Table 5

Quarterly

2Q2015 - 2Q2016

[XLS]

Loans Closed, By FHLB District - Table 6 

Quarterly

2Q2015 - 2Q2016

[XLS]

All Homes - Table 9

Annual

1963 - 2015

[XLS]

Newly Built Homes - Table 10

Annual

1963 - 2015

[XLS]

Previously Occupied Homes - Table 11

Annual

1963 - 2015

[XLS]

Fixed-Rate Mortgages - Table 12

Annual

1963 - 2015

[XLS]

By State - Table 15

Annual

1978 - 2015

[XLS]

By Metropolitan Statistical Area (MSA) - Table 16

Annual

1978 - 2015​

[XLS]

All Homes - Table 17

Monthly

1973 - 2015

[XLS]

Newly Built Homes - Table 18

Monthly

1973 - 2015

[XLS]

Previously Occupied Homes - Table 19

Monthly

1973 - 2015

[XLS]

All Homes, Fixed-Rate Mortgages - Table 20

Monthly

1986 - 2015

[XLS]

Newly-Built Homes, Fixed-Rate Mortgages - Table 21

Monthly

1986 - 2015

[XLS]

Previously Occupied Homes, Fixed-Rate Mortgages - Table 22

Monthly

1986 - 2015

[XLS]

All Homes, Adjustable Rate Mortgages - Table 23

Monthly

1986 - 2015

[XLS]

Newly Built Homes, Adjustable Rate Mortgages - Table 24

Monthly

1986 - 2015

[XLS]

Previously Occupied Homes, Adjustable Rate Mortgages - Table 25

Monthly

1986 - 2015

[XLS]

All Homes, 15- and 30- Year Fixed-Rate Mortgages - Table 26

Monthly

1990 - 2015

[XLS]

Complete History of the Index

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