MORTGAGE

Consumer Price Index

Updated 5/22/2013

Key economic statistics

	This week	Month ago	Year ago
Consumer Price Index	231.5	232.3	213.7

What it means: Published by the Bureau of Labor Statistics, the Consumer Price Index measures the change in prices paid by consumers for a representative group of products and services.

How it's used: The Consumer Price Index (CPI) measures inflation at the consumer level. The CPI is used as an economy-wide measure of inflation and is used to determine annual cost of living adjustments to Social Security payments and employee paychecks.

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30 yr fixed average
3.77%

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About this index

Mortgage Overnight Averages

Product	Rate	+/-	Last week
30 yr fixed mtg	3.77%		3.60%
15 yr fixed mtg	2.88%		2.74%
5/1 ARM	2.66%		2.54%
30 yr fixed mtg refi	3.76%		3.58%

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