Real Estate Glossary



  Certificate of Deposit Index

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.

* Also see "Adjustable-Rate Mortgage" entry

 

[ Back To Real Estate Glossary ]

STAR Realtors "Moving people...Realtors to the Stars!"972-979-0060 or 214-477-3088


Guest Book | Home | Mortgage Rates | Relocation | Community Info/Links | Contact Carrie

Real Estate Websites by iHOUSEweb, Inc. ®

Site Admin Menu