Interest Rate Index


Definition of "Interest Rate Index"

Shari Marquis
  Coldwell Banker Residential Brokerage - Plymouth

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.'


Search Real Estate Glossary

 

Related Real Estate Glossary terms

Rent Controls

Governmental policy establishing the maximum amount of rent landlords can charge tenants. A tenant ...

Solvency Surplus

Additional amount of surplus generated by an additional amount of capital to be included in book val ...

Restraint On Alienation

Restriction on conveying property that limits its transferability. The restrictions may be illegal. ...

Compensatory Damages

Same as term Civil damages Awarded: sums payable to the winning plaintiff by the losing defendant in ...

Contribution

Appraisal concept stating the value a particular improvement contributes to the overall value of a p ...

Reciprocal Exchange

Unincorporated association with each insured insuring the other insureds within the association. (Th ...

Related Real Estate FAQ

What Is A Survey?

A survey is an examination of a property\'s boundaries to determine the quantity of land, location o ...

What Do I Need To Know About Whole Life Insurance?

Whole life insurance insurance provides the coverage amount to your beneficiary in the of your death ...

What Is An Appraised Value?

An opinion of a properties fair market value, based on an appraisers inspection and analysis of the ...

What Is A Second Mortgage?

A second mortgage is a type of mortgage on property that has alien already on the first mortgage. Th ...

What Is A Principal?

Principal is the amount of money borrowed and still owed on a loan not including the interest. ...

Do I Need Life Insurance?

Whether you are a .boomer. an .X-er. or an .empty Nester. it is never to or too late . to think abou ...

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

Agents join here
Add our widget on your Website

Real Estate Advice

Rent or Buy - the pros and cons 3 tips to ensure your sale goes through 7 Things to Consider Before Moving to a New City Getting Ready to Sell? Don't make these DIY Mistakes! 6 Reasons you are not selling properties

FAQ

What is a VA loan? What is Freddie Mac? How Much Will My Principal Be? How do I file an Insurance Claim? What is the difference between being prequalified and preapproved for a loan?