The indices, using rich transaction data from the ICE Mortgage Technology platform, track mortgage interest rates and other associated costs on U.S. residential mortgage loan applications where borrowers and lenders have committed to lock-in the interest rate prior to close. Using observable loan applications representing approximately 50% of residential loan origination, provides a more comprehensive, accurate and timely reflection of current residential mortgage interest rates.
Contract specs
The two futures contracts will be cash-settled and based on the ICE U.S. Conforming 30-year Fixed Mortgage Rate Lock Index and the ICE U.S. Jumbo 30-year Fixed Mortgage Rate Lock Index. The indices are published daily and track U.S. residential mortgage loan applications where borrowers and lenders have committed to lock-in the interest rate prior to closing.
Resources
Tapping into mortgage origination data for capital market signals
Inflation has crept into nearly every facet of life, and real estate is attracting scrutiny as pundits expect affordability issues to eventually crimp demand. Views on mortgage-backed securities are changing as investors adapt to inflation, housing fundamentals, and monetary policy.
Boosting efficiency across the mortgage ecosystem
Our speakers discuss how rich mortgage transaction data is being used create data and analytics that can deliver actionable insight for capital markets.
Managing exposure to U.S. residential mortgage rates
Listen to Harvey Flax, Director, U.S. Interest Rates, ICE, talk about the launch of our new mortgage rate lock futures.
U.S. residential mortgage locked rate indices
Q&A with Aram Flores & Lisa Fiondella
Find out what the indices offer to participants across the U.S. mortgage lending and mortgage-backed securities market.
Tapping into mortgage origination data for capital market signals
Inflation has crept into nearly every facet of life, and real estate is attracting scrutiny as pundits expect affordability issues to eventually crimp demand. Views on mortgage-backed securities are changing as investors adapt to inflation, housing fundamentals, and monetary policy.
Boosting efficiency across the mortgage ecosystem
Our speakers discuss how rich mortgage transaction data is being used create data and analytics that can deliver actionable insight for capital markets.
Managing exposure to U.S. residential mortgage rates
Listen to Harvey Flax, Director, U.S. Interest Rates, ICE, talk about the launch of our new mortgage rate lock futures.
U.S. residential mortgage locked rate indices
Q&A with Aram Flores & Lisa Fiondella
Find out what the indices offer to participants across the U.S. mortgage lending and mortgage-backed securities market.