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Description Common indexes used for w:Adjustable Rate Mortgages (ARMs) over an 11-year period (1996-2006). Shown: 1-year constant-maturity Treasury (CMT) securities, the w:Cost of Funds Index (COFI), and the w:London Interbank Offered Rate (LIBOR). To determine the interest rate on an ARM, lenders add a few percentage points to the index rate, called the margin.
Date Unknown date
Source

The Federal Reserve Board "Consumer Handbook on

Adjustable-Rate Mortgages" [1] also [2]
Author United States Federal Reserve Board
Permission
(Reusing this file)		 Public domain, US Government, the Federal Reserve.
Public domain This work is in the public domain in the United States because it is a work of the Board of Governors of the Federal Reserve System. This does not apply to any other entity within the Federal Reserve System, including the regional Federal Reserve Banks.

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current13:38, 28 September 2008Thumbnail for version as of 13:38, 28 September 2008375 × 395 (32 KB)Halgin{{Information |Description=Common indexes used for w:Adjustable Rate Mortgages (ARMs) over an 11-year period (1996-2006). Shown: 1-year constant-maturity Treasury (CMT) securities, the w:Cost of Funds Index (COFI), and the [[w:London Interbank Off

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