We research, you save.

ARM Indexes: FNMA (Fannie Mae) LIBOR, 2003-2005

Source: Federal National Mortgage Association

The FNMA LIBOR is one of two widely-used 'flavors' of LIBOR. The index history shown here is commonly used as an index on residential mortgages.

The daily LIBOR index, published by The Wall Street Journal, is not related to the monthly version shown below. It is not commonly used as an index on home loans.

  1-Month3-Month6-Month1-Year
Jan-03 1.339 1.348 1.353 1.477
Feb-03 1.334 1.336 1.336 1.368
Mar-03 1.306 1.288 1.262 1.340
Apr-03 1.318 1.308 1.290 1.362
May-03 1.3189 1.2782 1.2232 1.2214
Jun-03 1.1232 1.1164 1.1239 1.2014
Jul-03 1.1036 1.1176 1.1507 1.2789
Aug-03 1.1170 1.1420 1.2098 1.4714
Sep-03 1.1214 1.1598 1.1795 1.2857
Oct-03 1.1201 1.1657 1.2207 1.4551
Nov-03 1.1157 1.1701 1.2297 1.4867
Dec-03 1.1195 1.1570 1.2192 1.4582

  1-Month3-Month6-Month1-Year
Jan-04 1.0982 1.1320 1.2107 1.4607
Feb-04 1.0973 1.1251 1.2026 1.3645
Mar-04 1.0914 1.1107 1.1595 1.3401
Apr-04 1.1007 1.1764 1.3682 1.8082
May-04 1.1089 1.3082 1.5789 2.0764
Jun-04 1.3582 1.6039 1.9420 2.4682
Jul-04 1.4929 1.6945 1.9857 2.4632
Aug-04 1.6482 1.7901 1.9907 2.3001
Sep-04 1.8401 2.0054 2.1695 2.4445
Oct-04 1.9870 2.1582 2.3007 2.5289
Nov-04 2.2826 2.4026 2.6239 2.9607
Dec-04 2.4178 2.5582 2.7751 3.1004

  1-Month3-Month6-Month1-Year
Jan-05 2.5892 2.7439 2.9582 3.2710
Feb-05 2.6895 2.9101 3.1495 3.5114
Mar-05 2.8582 3.0995 3.3876 3.8420
Apr-05 3.0826 3.2107 3.4151 3.7101
May-05 3.1126 3.3292 3.5314 3.7789
Jun-05 3.3401 3.5045 3.6914 3.8632
Jul-05 3.5107 3.6948 3.9235 4.1745
Aug-05 3.6942 3.872 4.0817 4.3123
Sep-05 3.8584 4.0551 4.2154 4.4067
Oct-05 4.0882 4.2523 4.4467 4.6765
Nov-05 4.2954 4.4139 4.5795 4.7379
Dec-05 4.3857 4.5298 4.6901 4.8226

The Fannie Mae LIBOR rates are determined from information that is available as of 11:00 a.m. (London Time) on the second to last business day of each month. Fannie Mae makes these rates available by the last business day of each month.

LIBOR is an abbreviation for "London Interbank Offered Rate," and is the interest rate offered by a specific group of London banks for U.S. dollar deposits of a stated maturity. LIBOR is used as a base index for setting rates of some adjustable rate financial instruments, including Adjustable Rate Mortgages (ARMs).

Note that while this may appear to be related to the daily LIBOR released by the BBA, this is not the same index. For more on the daily LIBOR, click here.

Click here for more ARM index data.

HSH Associates makes every reasonable effort to supply complete, accurate information, but assumes no liability for errors.



  

  

For histories of the daily LIBOR, contact HSH Associates.

Need indexes fast? Get the latest index values on your desk, every business morning -- click here!

Buy Our Mortgage Survey
 Mortgage Glossary  Mortgage Quick Search