ARM Indexes
Monthly ARM index information.
What is an Index?
When used in a note or credit agreement, the measurement used to decide how much the annual percentage rate will change at the beginning of each adjustment period. Generally, the index plus margin equals the new rate that will be charged, subject to any caps. Different lenders use different index rates (cost of funds index, prime rate and so forth).
| LOAN TYPE | +/- | LAST MONTH | |
| 1 YEAR TREASURY |
|
2.42 | |
| 1 YEAR LIBOR |
|
3.288 | |
| 6 MONTH LIBOR |
|
3.094 | |
| MTA |
|
3.094 | |
| COFI |
|
4.170 |
