Meaning CERTIFICATE OF DEPOSIT INDEX
What does CERTIFICATE OF DEPOSIT INDEX mean? Here you find 7 meanings of the word CERTIFICATE OF DEPOSIT INDEX. You can also add a definition of CERTIFICATE OF DEPOSIT INDEX yourself
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CERTIFICATE OF DEPOSIT INDEXAn index based on the interest rate of six month CD's. Used to set interest rates on some Adjustable Rate Mortgages.
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CERTIFICATE OF DEPOSIT INDEXOne 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. (top)
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CERTIFICATE OF DEPOSIT INDEXDefinition One way to determine changing interest rates on some adjustable-rate mortgages. It is an annual average of the rate that banks pay on certificates of deposit.
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CERTIFICATE OF DEPOSIT INDEXCertificate of deposit index, also known as cost of deposit index or CODI, is used as a underlying benchmark for interest rates on adjustable-rate mortgages. The index is an average of the most recent [..]
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CERTIFICATE OF DEPOSIT INDEXCertificate of deposit index, also known as cost of deposit index or CODI, is used as an underlying benchmark for interest rates on adjustable-rate mortgages. The index is an average of the most recen [..]
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CERTIFICATE OF DEPOSIT INDEXInterest rates that are shown on a table that are of certificate of deposits (CD).
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CERTIFICATE OF DEPOSIT INDEXAn index based on the interest rate of six month CD's. Used to set interest rates on some Adjustable Rate Mortgages.
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