| Characteristic | Interest rate |
|---|---|
| - | - |
| - | - |
| - | - |
| - | - |
| - | - |
| - | - |
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December 2014
United States
2000 to 2012
Annual averages
Loans with a contractual provision for periodic adjustments in the contract incterest rate. Initial interest rate paid by the borrower as specified in the loan contract.
Covers fully amortized conventional mortgage loans to purchase single-family nonfarm homes. Excludes refinancing loans, nonamortized and balloon loans, loans insured by the Federal Housing Administration, and loans guaranteed by the Veterans Administration. Based on a sample of mortgage lenders, including savings and loans associations, savings banks, commercial banks, and mortgage companies.
* Data not available.
** Insufficient data to report meaningful numbers.
