What Is A Treasury Index?
Definition of "What is a treasury index?"
A treasury index is an index used to determine interest-rate changes for certain adjustable-rate mortgages (ARMs). This index is based on the results of auctions the U.S. Treasury holds for its Treasury bills and securities or is derived from the U.S. Treasury's daily yield curve, which is based on the closing market bid yields on actively traded Treasury securities in the over-the-counter market.
Popular Real Estate Questions
Popular Real Estate Glossary Terms
What remains after something is removed, such as substances left after a pollution treatment facility is removed. ...
Individual or entity who pays for the professional services of another person or business. ...
Request of a local government's planning body to alter the zoning requirements based on a justifiable reason. ...
Any written evidence or tangible material which can be reproduced as written material which is coherent and related to the subject at hand. This includes documents, contracts, inscriptions ...
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The Ellwood method based on a multiplier of mortgage-equity to determine the value of income-producing property. ...
Apartment building in which each resident owns a percentage share of the corporation that owns the building. ...
Wood sheeting made from gluing together at lest three layers of veneer. The grain is placed at right angles with each adjoining layer's providing additional strength. ...
Sewer system built into the streets of a neighborhood that is capable of accommodating the excess water flow of a heavy storm without backing up or flooding. ...
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