Adjustable Rate Mortgage (ARM) Index

The final February value of the National Average Contract Mortgage Rate for the Purchase of Previously Occupied Homes by Combined Lenders is 4.30 percent. This is a decrease of 0.07 percent from last month's rate. 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) 649-3993. The March index value will be announced on April 29, 2014.

Announce Date Index Month Index Rate
March 27, 2014  February 2014  4.30 
February 27, 2014  January 2014  4.37 
January 30, 2014  December 2013  4.25 
December 24, 2013  November 2013  4.21 
November 26, 2013  October 2013  4.32 
October 29, 2013  September 2013  4.38 
September 26, 2013 August 2013  4.26 
August 29, 2013  July 2013  4.01 
July 30, 2013  June 2013  3.55 
June 27, 2013  May 2013  3.40 
May 30, 2013  April 2013  3.56 
April 25, 2013  March 2013  3.54 
March 28, 2013  February 2013  3.43 

Click here to view a Complete History of this index dating from 1980.