Freddie Mac SBL Interest Rate Change – Effective July 2, 2021

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During a period of sharply falling Treasury yields, Freddie Mac SBL interest rates just got a bump higher. While Freddie Mac’s SBL interest rates aren’t directly tied to Treasury yields, they do tend to move in step with Treasuries so this was a bit of a surprise.
Interest rate pricing updates are effective for all loans taken under application on or after July 2, 2021.

NORTHEAST

Market Tier 5Y Hybrid 7Y Hybrid 10Y Hybrid 5Y Fixed 7Y Fixed 10Y Fixed
Top+10+15+15+15+15+10
Standard+10+15+15+15+15+10
Small+10+15+15+15+15-10
Very Small+10+15+15+15+15-10

SOUTHEAST

Market Tier 5Y Hybrid 7Y Hybrid 10Y Hybrid 5Y Fixed 7Y Fixed 10Y Fixed
Top+10+15+15+15+15+10
Standard+10+15+15+15+15+10
Small+10+15+15+15+15+10
Very Small+10+15+15+15+15+10

NORTH CENTRAL

Market Tier 5Y Hybrid 7Y Hybrid 10Y Hybrid 5Y Fixed 7Y Fixed 10Y Fixed
Top+10+15+15+15+15+10
Standard+10+15+15+15+15+10
Small+10+15+15+15+15+10
Very Small+10+15+15+15+15+10

SOUTH CENTRAL

Market Tier 5Y Hybrid 7Y Hybrid 10Y Hybrid 5Y Fixed 7Y Fixed 10Y Fixed
Top+10+15+15+15+15+10
Standard+10+15+15+15+15+10
Small+10+15+15+15+15+10
Very Small+10+15+15+15+15+10

WEST

Market Tier 5Y Hybrid 7Y Hybrid 10Y Hybrid 5Y Fixed 7Y Fixed 10Y Fixed
Top+10+15+15+15+15+10
Standard+10+15+15+15+15+10
Small+10+15+15+15+15+10
Very Small+10+15+15+15+15+10