Many adjustable rate mortgages (ARM) have similar components to them. Find out what your loan officer is talking about with these terms. (click for Full Story)
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Showing posts with label index. Show all posts
Showing posts with label index. Show all posts
Friday, April 18, 2008
LIBOR and COFI indices explained
LIBOR and COFI are indexes that some adjustable rate mortgages are based on. This article explains these in technical detail. (click for Full Story)
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