Real Estate Dictionary



  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 ]

We Are a Member of These Fine Organizations
Maine Commercial Association of Realtors
International Business Brokers Association
Bangor Region Chamber of Commerce
The National Association of Realtors


Commercial Listings | Custom Search | About Us | Our Services | Our Customers | Closed Sales | Contact Us | Mortgage Calculator | Real Estate Dictionary | City & Town Links | Useful Web Sites | Real Estate News | Weather Report | Relocation Guide | Home Page | Our Agents
Website design and hosting by iHOUSE ®

Site Admin Menu