Mrates.com Mortgage LoansRefinance Home Loans
 

About Us
Loan Programs
Loan Process
Get Prequalified
Loan Calculators Mortgage
Mortgage Library
FAQ
Current Rates
Rate Alerts!
Do you want to know
when our rates drop,
then sign up today!

E-mail address:  

Certificate of Deposit Index (CODI Mortgage)

 

Our Certificate of Deposit Index (CODI) is a 12-month moving average of the three-month certificates of deposit index, as published by the Federal Reserve Board. World's CODI loan interest rate is calculated using this index. Historically, CODI does not move up or down as rapidly as market interest rates such as Bank Prime Rate, the Federal Funds Rate or Treasury bill rates because of the method World uses to calculate this index.

Historical CODI Index Data

Certificate of Deposit Index (CODI mortgage) Links

Historical Certificate of Deposit Index (CODI Mortgage)

Option ARM - Information about other similar option ARM mortgages.

 

 

Copyright 2003, MRates.com


HOME
   -    APPLY ONLINE   -   FAQ   -    SERVICES    -   MORTGAGE LIBRARY