One year Arm RatesOne-year-old Armraten
Frequently Used ARM Indices
The index is the weighted averages of the US dollar exchange rates for Certificates of Deposit. Interest rates for CD 6 monthly CD 6 monthly incremental ARM loan are generally updated every 6 years. The index changes every week and can be quite variable. The index is the US Treasury's benchmark return per week averaged over a year.
The index is used for the bulk of ARM lending. The interest rates can vary once a year with the help of the one-year floating interest method. For those wishing to take full benefit of a low interest rates but a longer introduction time, extra ARM credit programmes (Hybrid ARMs) are available.
ARM 3/1, 5/1, 7/1 and 10/1 provide a set interest period (3,5,7,10 years) before starting the annual adjustment. As a rule, these programmes will not have implementation rates as low as the one-year ARM grant, but their interest rates are lower than the 30-year fixed-rate mortgages.
The index changes every week and can be quite unpredictable. The index is the US Treasury's benchmark return per week averaged over a 3-year period. The index is used for 3/3 of ARM lending. Interest rates on such borrowings are revised every 3 years. These types of lending programs are good for those who like less interest adjustment.
Index changes every week and can be quite unpredictable. The index is the US Treasury's benchmark return per week averaged over a 5 year period. The index is used for 5/5 ARM lending. Interest rates on such borrowings are revised every 5 years. These types of lending programs are good for those who like less interest adjustment.
The index changes every week and can be quite unpredictable. This is the interest rates that are calculated by a bank for its most creditworthy customer. According to the Federal Reserve, the Prime Rates is the key interest rates levied by the vast majority of major financial institutions. If you are looking for a homeowner' s home mortgage, be sure to ask if the borrower will use his own base interest or the interest rates posted by the Federal Reserve or the Wall Street Journal.
The index usually changes in reaction to changes made by the Federal Reserve to the Federal Funds and Discount Rates. This index may be either highly variable or inactive for a period of up to several weeks, according to cyclical circumstances. Floating 12-month mean of the median US government bond yields per month adapted to a fixed term of one year.
Sometimes this index is used for ARM loan instead of the 1-year Treasury Constant Maturity (TCM) set. As this index is a 12-month rolling mean, it is less than the 1-year TCM index. The index changes every three months and is not very stable.
The index is the average value of the costs of the funds per month: interest (dividends) payable or accumulated on deposit, FHLB (Federal Home Loan Bank) advance and other loaned monies during a given period, as a percentage of the assets of deposit and liabilities at the end of the year. Interest rates on ARM index COFI mortgages are usually updated every 6 years.
Changes in indices on a month-to-month base and not very variable. The index is the risk-adjusted interest rates payable by the Sparkassen in the eleventh Bundesbaudarlehensbezirks for saving and current bank deposits, advance payments by Fachbank and other financial resources. Area 11 comprises the building societies and saving societies based in Arizona, California and Nevada.
As most of the index of costs of funds consists of interest rates on saving deposits, this index is lagging behind interest rates in both upward and downward moves. Consequently, the AmRs linked to this index go up (and down) more slowly than the interest rates in general, which is good for you if the interest rates go up, but not good if the interest rates go down.
L.I.B.O.R is the London Interbank Offered Rates, the interest rates that are charged by each bank to the other for foreign dollar deposit. The tariffs are available for 1,3,6 and 12 monthly periods. Interest rates on many LIBOR-indexed ARM mortgages are revised every 6 monthly. The index changes daily/weekly and can be highly variable.
The index is the domestic median contracted mortgages interest rates for the acquisition of previously inhabited houses by mixed creditors. The index changes every month and is not very stable.