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 ]

This site is presented by a select group of Realtors® specializing in Valencia County real estate. The information on this site is deemed to be reliable but is not guaranteed. Visitors to this site are advised to confirm all information.
We hope you enjoy your visit.


Home | Contact Us
Website design and hosting by iHOUSE ®

Site Admin Menu