Rate index

Over 2200 Glossary Terms

Rate index

This index is used to determine the interest changes on an adjustable rate mortgages and variable rate loans. It is expressed in a table format and quotes the yields that are being paid on debts like Treasury Bills and bank deposits.

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National Rates

Loan Type Today
30 yr fixed 4.83
15 yr fixed 4.39
5/1 ARM 3.69

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