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  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

 

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Assist-2-Sell "We'll sell your home for as low as $2995*!"
"Full Service with $avings!"®

*Fee varies for homes over $300,000. Call for details.

* Commissions are not set by law. All commissions are negotiable.
Any comparisons to a percentage commission, such as 6%, are for illustration and comparison purposes only.
The information herein is deemed to be accurate, but not guaranteed. All information to be verified.


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