One index that is used to determine interest rate changes for certain ARM loans.
One of the indexes used for determining interest rate changes on some adjustable rate mortgages. It is an average of what banks are paying on certificates of deposit.
A table of interest rates paid on certificates of deposit that is used to determine interest-rate changes for adjustable-rate mortgages.
An index based on the interest rates on six-month CDs. It used to determine the interest rate for some adjustable-rate mortgages.
An index that is used to determine interest rate changes for certain ARM plans. It represents the weekly average of secondary market interest rates on six-month negotiable certificates of deposit. See adjustable-rate mortgage (ARM).
A rarely used index that is used to determine interest rate changes for certain adjustable-rate mortgages (ARM) plans.
An index that shows an average amount that banks pay on certificates of deposits - used for determining interest rate changes on some adjustable rate mortgages.