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 ]

For experience and professional, personal assistance with
the complexities of real estate today, make your connection with:
Sandy Robertson, REALTOR®
"Experience * Commitment * Professionalism"
Contact me at: realtorsandy@sbcglobal.net
or give me a call at: 530-926-3807


Home
Website design and hosting by iHOUSE ®

Site Admin Menu