09/02/2019 4:59:00 09/02/2019 4:59:00 Defmean

09/02/2019 4:59:00 Cost-of-funds index Cost-of-funds index

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).

reference: MortgageLoan.com