The final July value of the National Average Contract Mortgage Rate for the Purchase of Previously Occupied Homes by Combined Lenders is 4.78 percent. This is a decrease of 0.13 percent from the previous month. Many lenders use this rate in adjusting some adjustable-rate mortgages. 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.

Interested parties can receive up-to-date information on this index value by calling (202) 408-2540. The August index value will be announced on September 28, 2010.

Announce Date	Index Month	Index Rate
August 26, 2010	July 2010	4.78
July 27, 2010	June 2010	4.91
June 24, 2010	May 2010	4.99
May 27, 2010	April 2010	5.02
April 27, 2010	March 2010	4.99
March 30, 2010	February 2010	5.05
February 25, 2010	January 2010	5.01
January 26, 2010	December 2009	4.92
December 24, 2009	November 2009	5.01
November 24, 2009	October 2009	5.02
October 27, 2009	September 2009	5.16
September 29, 2009	August 2009	5.25
August 27, 2009	July 2009	5.26
July 28, 2009	June 2009	5.09