Note: * Refers to month of the previous calendar year. White rows indicate 30-Day Lookback dates. Gray rows indicate 45-Day Lookback dates.
After the initial fixed-rate period of a hybrid ARM, the interest rate of each mortgage in an ARM pool or loan package is subject to an annual adjustment, based on the eligible index options. The H-15 Release dates for the quarterly interest rate change listed above must be used when adjusting pool or loan package interest rates. See
Chapter 26, section 2-A.3(a) of the Ginnie Mae Mortgage Backed Securities Guide for additional information. See FHA Mortgagee Letter ML-2023-09 for additional information and its link to CME Term SOFR replacement index.