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ARM Indexes: FNMA (Fannie Mae) LIBOR, 2006

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.

Jan-06 4.5720 4.6795 4.8126 4.9412
Feb-06 4.6310 4.8192 4.9907 5.1526
Mar-06 4.8260 4.9898 5.1196 5.2476
Apr-06 5.0245 5.1479 5.2879 5.4217
May-06 5.1071 5.2335 5.3215 5.4139
Jun-06 5.3451 5.5085 5.6382 5.7660
Jul-06 5.4045 5.4889 5.5473 5.5910
Aug-06 5.3314 5.4014 5.4501 5.4501
Sep-06 5.3229 5.3725 5.3704 5.2985
Oct-06 5.3198 5.3729 5.3898 5.3348
Nov-06 5.3479 5.3685 5.3495 5.2439
Dec-06 5.3279 5.3601 5.3651 5.3139

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.

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