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Interest Rate Index

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Interest Rate Index

The specific interest rate series to which the interest rate on an ARM is tied, such as “Treasury Constant Maturities,One-Year,” or “Eleventh District Cost of Funds.”

See Adjustable Rate Mortgage (ARM)/ARM Rate Indexes.
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Under the new card law, credit card issuers can issue cards with interest rates that are pegged to an objective, widely promulgated interest rate index, such as the Federal Reserve's prime interest rate.
Pew study highlights difference between CU and bank credit cards by Morrison, David / Credit Union Times
The majority of these contracts handle rate changes by evaluating a pre-determined interest rate index over which the lender has no control.
Do You Know These 6 Mortgage Terms? You Should by Carrie Reeder / Finance and Investment community
Interest Rates are at historic lows--as of press date, the interest rate index most commonly used for hotel loans, the 10-year treasury, is hovering around 4%.
Sales market should remain strong in 2005 by Berk, Peter / Real Estate Weekly
 
 
 
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