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Is this the year that a reverse mortgage or HECM is right for you -- or your parents? Read our comprehensive guide to HECMs and RMs.

Is this the year that a reverse mortgage or HECM is right for you -- or your parents? Read our comprehensive guide to HECMs and RMs.

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 January 2019 to January 2020

Date 3-Month TCM 6-Month TCM 1-Year TCM
Jan-2020 1.550 1.560 1.530
Dec-2019 1.570 1.580 1.550
Nov-2019 1.570 1.590 1.570
Oct-2019 1.680 1.670 1.610
Sep-2019 1.930 1.890 1.800
Aug-2019 1.990 1.930 1.770
Jul-2019 2.150 2.080 1.960
Jun-2019 2.220 2.170 2.000
May-2019 2.400 2.420 2.340
Apr-2019 2.430 2.460 2.420
Mar-2019 2.450 2.510 2.490
Feb-2019 2.440 2.500 2.550
Jan-2019 2.420 2.510 2.580

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

More ARM Indexes & Info

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