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Do you know What to do when mortgage rates are rising? Check out our tips and tweaks to secure a lower mortgage rate.

Do you know What to do when mortgage rates are rising? Check out our tips and tweaks to secure a lower mortgage rate.

ARM Indexes: Monthly Treasury Securities / Constant Maturities

Treasury Securities ("T-Secs", also known as TCM, or CMT, or CMT, or T-Sec) values are calculated by the Treasury Department and reported by the Federal Reserve in Publication H.15.  On this page, 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 December 2020 to December 2021

Date 3-Month TCM 6-Month TCM 1-Year TCM
Dec-2021 0.06000 0.15000 0.30000
Nov-2021 0.05000 0.07000 0.18000
Oct-2021 0.05000 0.06000 0.11000
Sep-2021 0.04000 0.05000 0.08000
Aug-2021 0.05000 0.06000 0.07000
Jul-2021 0.05000 0.05000 0.08000
Jun-2021 0.04000 0.05000 0.07000
May-2021 0.02000 0.04000 0.05000
Apr-2021 0.02000 0.04000 0.06000
Mar-2021 0.03000 0.05000 0.08000
Feb-2021 0.04000 0.06000 0.07000
Jan-2021 0.08000 0.09000 0.10000
Dec-2020 0.09000 0.09000 0.10000

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

More ARM Indexes & Info

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