The final September value of the National Average Contract Mortgage Rate for the Purchase of Previously Occupied Homes by Combined Lenders is 5.16 percent. This is a decrease of 0.09 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 October index value will be announced on Nov. 24, 2009.

Announce Date	Index Month	Index Rate
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
June 25, 2009	May 2009	4.88
May 28, 2009	April 2009	4.88
April 28, 2009	March 2009	5.06
March 26, 2009	February 2009	5.04
February 26, 2009	January 2009	5.12
January 27, 2009	December 2008	5.51
December 30, 2008	November 2008	6.18
November 25, 2008	October 2008	6.16
October 28, 2008	September 2008	6.17