|
|
|
| |
CD-Indexed (Certificate of Deposit) ARMs The Certificate of Deposit index represents the weekly average of secondary market interest rates on six-month negotiable CDs. The initial interest rate and payments adjust every six months after an initial six-month period.
ARMs with this index typically come with a per-adjustment cap of 1 percent and a lifetime rate cap of 6 percent.
| |
[ Back To Real Estate Glossary ]
|
ERA Key Realty
7222 W. Andrew Johnson Hwy.
Talbott, TN 37877
(423) 586-0077 Office
(423) 586-6667 Fax
(800) 303-0799 Toll Free
E-Mail info@ERAKeyRealtyTN.com
Each ERA office is independently owned and operated. License #258110 All information is deemed reliable but not guaranteed. Listings viewed on the site may not belong to ERA Key Realty, but other members of the Lakeway Area Association of Realtors.
Copyright 2001-2004 All Rights Reserved
Website design and hosting by iHOUSE ®
|
|
