Cost-of-funds index
What is Cost-of-funds index?
Cost-of-funds index meaning in finance terminology / glossary / dictionary is:
The cost-of-funds index is a measure of the interest rates paid on deposits held within the San Francisco Federal Home Loan Bank District. The index is used as a benchmark for adjustable-rate mortgages (ARMs).
Tags: finance
Categorised in: Uncategorized
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