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Past ARM Indices

(One Year Treasury Bill)


There are many indexes used for adjustable rate mortgages (ARM'S). The three most common indexes are:


In the Southeastern part of the United States, the One Year Treasury Bills are the most common adjustable rate index. The index is used to determine a customers new mortgage interest rate, during the adjustment period.

Listed below is the CMT history (One Year Treasury Bills):

Date

Treasury Bill Index

12/97

5.55%

6/97 

 5.69%

12/96

5.43%

6/96

5.81%

12/95

5.35%

1/95

7.24%

6/94

5.49%

12/93

3.61%

6/93

3.54%

12/92

3.71%

6/92

4.17%

12/91

4.38%

6/91

6.36%

12/90

7.05%

6/89

8.10%

12/89

7.72%

6/89

8.44%

12/88

8.99%

6/88

7.49%

12/87

7.17%

6/87

6.80%

12/86

5.87%

6/86

6.73%

12/85

7.67%

6/85

7.80%

12/84

9.33%

6/84

12.08%

12/83

10.11%

6/83

9.66%

12/82

8.91%

6/82

14.07%

  

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Send e-mail to John Shea at: loan@mindspring.com
Last Modified: February 06, 1998