ratesRate History

There are several indicators used to track interest rates. We choose the FNMA 60- day yield at the recommendation of Mark Junod of MetLife Home Loans

FNMA is the Federal National Mortgage Association, referred to as “Fannie Mae”. They purchase conforming loans (loan amounts up to $417,000) from lenders on the secondary market, and are one of the largest providers of mortgage money in the nation. The actual interest rate you choose will depend on your choice of the many options available.