The 1 Year Constant Maturing Treasury (CMT) for October was 0.10%, matching historical lows. Many older Adjustable Rate Mortgages (ARMs) are tied to this rate. The policies of the Federal Reserve continue to keep the rate at this historical low.
The 12 Month Treasury Average (12 MTA or 12 MAT) for October comes in at 0.113%, again the lowest rate in its history.
The 11th District Cost of Funds Index (COFI) is also at historical lows, reported as 0.663% for the month of September.