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Fixed Income & Data Services/Index Solutions/U.S. Residential Mortgage Rate Lock Indices

U.S. Residential Mortgage Rate Lock Indices

A daily, data-driven indicator of U.S. mortgage rates.

ICE U.S. Residential Mortgage Rate Lock Indices track mortgage rates and other statistics on U.S. residential mortgage loan applications where borrowers and lenders have committed to lock-in the interest rate prior to close.

ICE Mortgage Rate Lock Index Futures

Monthly futures contracts are cash-settled and track the ICE U.S. Conforming 30-year Fixed Mortgage Rate Lock Index.

Daily average rate snapshot


Note: Data presented on this page reflects production as of close of prior business day.

Source: ICE Data Indices, LLC. Index data and index information is for informational purposes only and any use is expressly prohibited. You may not share, disclose, transmit, publish, distribute, disseminate or commercialize either in whole or in part the index data or index information without the express prior written consent of ICE Data Indices, LLC. Any use of the index data or index information in any way will require an appropriate license agreement with ICE Data Indices, LLC prior to any use.

The ICE difference


Using a data-driven methodology based on loan applications from ICE Mortgage Technology, the ICE U.S. Residential Mortgage Rate Lock Indices track the average rate at which new residential home loans are locked each day.

The indices are calculated daily for all U.S. bank business days, with index data available the morning of the next business day. ICE U.S. Residential Mortgage Rate Lock Index data is available on the ICE Index Platform and via direct data feeds.

Additionally, the ICE U.S. Conforming 30-Year Fixed Mortgage Rate Lock Index Loan Balance Weighted APR Intra-Day - a calculation variant of the ICE U.S. Conforming 30-Year Fixed Rate Mortgage Rate Lock Index - uses intra-day snapshots to track the loan-balance weighted APR over the course of a U.S. bank business day. The index updates as of 1 p.m., 2 p.m., 3 p.m., 4 p.m. and 5 p.m. ET, with updates posting within the hour of the data snap.

In addition to a broad composite index, sub-indices segment the composite index by one or more of several loan attributes:

Purpose

Purchase, Refinance (no cash out), Refinance (cash out)

Purpose

Term

30-year, 20-year, 15-year, 10-year

Term

Type

Conventional, FHA, VA, USDA

Type

Size

Conforming, Jumbo

Size

FICO credit score

>= 780, 740-779, 720-739, 700-719, 680-699, < 680

FICO credit score

Loan to value

<= 80, > 80

Loan to value

Purpose

Purchase, Refinance (no cash out), Refinance (cash out)

Purpose

Term

30-year, 20-year, 15-year, 10-year

Term

Type

Conventional, FHA, VA, USDA

Type

Size

Conforming, Jumbo

Size

FICO credit score

>= 780, 740-779, 720-739, 700-719, 680-699, < 680

FICO credit score

Loan to value

<= 80, > 80

Loan to value

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