Index | Real Estate Glossary | Realestateagent.com

Definition of "Index"

In real estate, the basis to set an adjustable rate mortgage, such as a 6-month certificate of deposit (CD) rate, cost of funds index, or prime rate.
A statistical measure stated as percentage of a base period, For example, the Department of Commerce's Consumer Price Index (CPI) is based on 1982-1984 as 100. An index unlike an average, weighs prices by the size of the components

A group of investment bankers underwriting and distributing a new or outstanding issue of securiti ...

Placement of verbal descriptive information into numerical form for the purposes of analysis. ...

Private placement investment contract sold by insurance companies. This product has no registration ...

Pension plan that allows an employee to contribute by electing to have money deducted from each payc ...

Court order stopping or directing a judicial directive. ...

The house in which the borrower will live most of the time, as distinct from a second home or an in ...

A mortgage broker is an intermediary who ensures a loan between a borrower and lender. The broker ta ...

This APR Calculator can be used to estimate the Annual Percentage Rate for a loan based on input par ...

A mortgage insurance premium is a policy that insures the lender against loss if the homeowner defau ...

A qualifying ratio is the percentages a lender compares to see whether you qualify for a loan. ...

Over 90% of all presidential-declared disasters in the United States are flood related. Leveling for ...

Escrow is a trust account created by a neutral third party to hold money for the seller or buyer. Wh ...

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