March Interest Rate Update

The 1 Year Constant Maturing Treasury (CMT) for February was 0.22%, slightly above last months rate. Many older Adjustable Rate Mortgages (ARMs) are tied to this rate.

The 12 Month Treasury Average (12 MTA or 12 MAT) for February comes in at 0.136%, the highest in 16 months.

The 11th District Cost of Funds Index (COFI) is up slightly, reported as 0.698% for the month of January.

Other rates:

Interest Rates - LIBOR, 1 Year Treasury Rate, Prime Rate

See:

https://www.moneycafe.com/personal-finance/cmt-rate-1-year-constant-maturity-treasury/

https://www.moneycafe.com/personal-finance/12mta-and-12mat-12-month-treasury-average/

https://www.moneycafe.com/personal-finance/cofi-rate-cost-of-funds-index/

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