| ARM Index
The final March value of the National Average Contract Mortgage Rate for the Purchase of Previously Occupied Homes by Combined Lenders is 5.06 percent. This is an increase of 0.02 percent from the February value. Many lenders use this rate in adjusting some adjustable-rate mortgages. This index was the only index rate that federally chartered savings and loan associations could use as an adjustable-rate mortgage index in the early 1980s.
Interested parties can receive up-to-date information on this index value by calling (202) 408-2940. The April index value will be announced on May 28, 2009.
| Announce Date |
Index Month |
Index Rate |
| April 28, 2009 |
March 2009 |
5.06 |
| March 26, 2009 |
February 2009 |
5.04 |
| February 26, 2009 |
January 2009 |
5.12 |
| January 27, 2009 |
December 2008 |
5.51 |
| December 30, 2008 |
November 2008 |
6.18 |
| November 25, 2008 |
October 2008 |
6.16 |
| October 28, 2008 |
September 2008 |
6.17 |
| September 25, 2008 |
August 2008 |
6.46 |
| August 28, 2008 |
July 2008 |
6.41 |
| July 24, 2008 |
June 2008 |
6.23 |
| June 25, 2008 |
May 2008 |
6.04 |
| May 27, 2008 |
April 2008 |
5.97 |
| April 24, 2008 |
March 2008 |
6.03 |
Click here to view a Complete History of this index dating from 1980.
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