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Wondering if the income needed to buy a home in the top 50 metro areas is starting to decline? Hint: Not yet.

Wondering if the income needed to buy a home in the top 50 metro areas is starting to decline? Hint: Not yet.

ARM Indexes: Monthly Treasury Securities / Constant Maturities

Treasury Securities ("T-Secs", also known as TCM, or CMT, or T-Sec) values are calculated by the Treasury Department and reported by the Federal Reserve in Publication H.15.  Below, you will find current and historical monthly yields for 3 month, 6 month Treasuries, as well as values for 1-, 2-, 3-, 5-, 7-, 10-, 20-, and 30 year treasuries.

The official name of this index is "Monthly Average Yield on U.S. Treasury Securities Adjusted to a Constant Maturity of (number) Years" (or "six months", or "2 years", etc.). Confusion can arise when lenders use the term "One Year Treasury Bill"; the 52-week bill is a totally different index, and rarely used on ARMs.

Treasuries have both monthly and weekly values; for ARMs, the weekly value is most often used. Monthly values are rarely employed, excepting where a Moving Treasury Average (MTA, aka 12-Mat) is used. If you think your ARM is tied to a monthly value, you'll want to check your check your mortgage Note or Adjustable Rate Rider for specific details.

However, monthly values are excellent for tracking changes in interest rates and make great companion series for many other economic indicators. Need weekly treasury index values instead?

L O A D I N G

ARM Indexes: Monthly Treasury Securities / Constant Maturities from October 2021 to October 2022

Date 3-Month TCM 6-Month TCM 1-Year TCM
Oct-2022 3.87000 4.31000 4.43000
Sep-2022 3.22000 3.71000 3.89000
Aug-2022 2.72000 3.15000 3.28000
Jul-2022 2.30000 2.87000 3.02000
Jun-2022 1.54000 2.17000 2.65000
May-2022 0.99000 1.49000 2.06000
Apr-2022 0.76000 1.26000 1.89000
Mar-2022 0.45000 0.86000 1.34000
Feb-2022 0.31000 0.64000 1.00000
Jan-2022 0.15000 0.33000 0.55000
Dec-2021 0.06000 0.15000 0.30000
Nov-2021 0.05000 0.07000 0.18000
Oct-2021 0.05000 0.06000 0.11000

3-Month TCM
6-Month TCM
1-Year TCM

More ARM Indexes & Info

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