MTA Mortgage Index
The Monthly Treasury Average (MTA) is the 12 month average of the monthly average yields of U.S. Treasury securities adjusted to a constant maturity of one year. It is calculated by averaging the previous 12 monthly values of the 1-Year CMT. The values are calculated by us using the H.15 Federal Reserve Statistical Release data.
12-MTA index is published by the Federal Reserve Board on the first Tuesday of each month. Current MTA rate can be found in the box on the right. >>
For many, mortgage payment is the largest monthly expense, and the least flexible. Many MTA Loans are designed to give greater control over your mortgage payment. You can choose one of four payment options monthly based on your specific cash flow needs.
Are you curious as to what your MTA-based mortgage rate and closing costs might be if you were to refinance or purchase a new home right now? You can run your numbers and get instant on-line estimates here: www.top-lenders.com. No contact information is required.