Current Index Value

Definition of "Current Index Value"

The most recently published value of the index used to adjust the interest rate on an indexed ARM.

Search Real Estate Glossary

Related Real Estate Glossary terms

Depletion

Also called earnest money. Money deposited with an individual for security for the performance of s ...

Monument

An iron pipe, stone, tree, or other fixed point used in making a survey. ...

Net Present Value Method

A method widely used for evaluating real estate projects. Under the net present value method, the pr ...

Debt Consolidation

Rolling short-term debt into a home mortgage loan, either at the time of home purchase or later. The ...

Abutter’s Rights

A visible right associated with the property. The property should be visible at distance by others, ...

Lease

Written agreement in which the lessee pays rent to the lessor for the use of real property for a sta ...

Related Real Estate FAQ

What Is A Down Payment?

A down payment is the money you pay up front for the purchase of a home. ...

How Much Can I Afford ?

Find out what type of home is in your budget by entering a few numbers into our calculator. Our calc ...

Do I Need Earthquake Insurance?

If you live in an Earthquake zone. Yes! Typically most homeowners insurance insurance coverage would ...

How Much Income Do I Need ?

Mortgage companies use ratios to analyze your mortgage payment. The housing payment ratio (or front ...

Is Depreciation Common?

Generally, real property never depreciates in value, or more so, it is not very common for property ...

What Is A Fixed-rate Mortgage?

A fixed-rate mortgage is a type of mortgage in which the interest rate is fixed for the life of the ...

Read why Real Estate Agent rates 5 Stars in 10 Agent Reviews

Agents join here

Add our widget on your Website

Real Estate Advice

Build or Buy? That’s the Big Question What is Hazard Insurance? What Costs Do Buyers and Sellers Pay On Big Day When Escrow Closes? Foreclosure - The Pros and Cons of Buying Mortgage Loan Types

FAQ

What is a mortgage broker? What is a treasury index? What do I need to know about RV Insurance? What is a VA loan? What are paid advertorials?