Margin is a fixed amount added to the underlying index to establish the fully indexed rate for an ARM.
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Copyright, 2014, Freddie Mac. Reprinted with permission.
Source: Freddie Mac
Release: Primary Mortgage Market Survey
Freddie Mac, Margin for 5/1-Year Adjustable Rate Mortgage in the Northeast Freddie Mac Region© [MORTMRGN5NE], retrieved from FRED, Federal Reserve Bank of St. Louis https://research.stlouisfed.org/fred2/series/MORTMRGN5NE/, July 4, 2015.