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MTA LOAN - MONTHLY TREASURE AVERAGE
Also known as the 12 MAT, Pick a Pay loan, Multi Option Mortgage or Option ARM MORTGAGE

DUE TO MARKET CONDITIONS, THE OPTION ARM IS NOW GONE.

Although the option arm was a good choice with home prices going up or stabilized, in today's declining market many people are refinancing out of them to save the remaining equity in their homes. If you have a MTA loan option arm with Countrywide, IndyMac, Greenpoint, Wachovia, World Savings, Bank United, Downey, Chevy Chase, Washington Mutual or any other option arm lender and you want to refinance, give us a call to go over your available loan options before your minimum payment disappears and the rates go up.

Call Us and Ask about these new exciting products!!!
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Parameters of the MTA Loan
MTA Index - January 2002 thru 2006
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MTA - 12-Month Treasury Average Index. This index is based on the average annual monthly yields of U.S. Treasury Securities, (T-Bill) adjusted to a constant maturity of one year, as made available by the Federal Reserve. The index is determined by adding together the monthly yields for the most recent 12 months and dividing by 12. Since it’s an average, higher yields in some months are offset by lower yields in others.

FOR MORE INFORMATION ON THE CODI, COFI, COSI, MTA OR LIBOR OPTION ARM MORTGAGES
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OUR BRANCH SPECIALIZES IN OPTION ARMS!!!

 

MTA INDEX FROM JANUARY 01 THRU PRESENT (Check back for updates)
Jan 01 5.999% Jan 02 3.260% Jan 03 1.935% Jan 04 1.234% Jan 05 2.022% Jan 06 3.750%
Feb 01 5.871% Feb 02 3.056% Feb 03 1.858% Feb 04 1.229% Feb 05 2.170% Feb 06 3.888%
Mar 01 5.711% Mar 02 2.912% Mar 03 1.747% Mar 04 1.225% Mar 05 2.347% Mar 06 4.010%
April 01 5.530% April 02 2.787% April 03 1.646% April 04 1.238% April 05 2.504% April 06 4.142%
May 01 5.318% May 02 2.668% May 03 1.548% May 04 1.288% May 05 2.633%  May 06 4.281%
June 01 5.102% June 02 2.553% June 03 1.449% June 04 1.380%  June 05 2.737% June 06 4.431%
July 01 4.897% July 02 2.414% July 03 1.379% July 04 1.462%  July 05 2.865%  July 06
Aug 01 4.671% Aug 02 2.272% Aug 03 1.342% Aug 04 1.521%  Aug 05 3.019% Aug 06
Sept 01 4.395% Sept 02 2.180% Sept 03 1.302% Sept 04 1.595%  Sept 05 3.163% Sept 06  
Oct 01 4.088% Oct 02 2.123% Oct 03 1.268% Oct 04
1.676%
Oct 05 3.325% Oct 06  
Nov 01 3.762% Nov 02 2.066% Nov 03 1.256% Nov 04
1.773%
Nov 05 3.478% Nov 06  
Dec 01 3.481% Dec 02 2.022% Dec 03 1.244% Dec 04
2.022%
Dec 05 3.618% Dec 06  

 

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