Index used to determine interest rate changes for adjustable rate mortgages. It is based on the cost of funds of the 11th District of the Federal Home Loan Bank.

An interest rate reference index based on the cost of funds to 11th District (United States) savings and loan associations (banks).

or COFI - is an index that is used to determine interest rate changes for certain ARMs. It represents the weighted average cost of savings, borrowing's, and advances of the 11th District members of the Federal Home Loan Bank of San Francisco.

An index used to determine changes in the rates for adjustable-rate mortgages.

The weighted average cost of funds is derived from interest paid on savings accounts. Federal Home Loan Bank advances and other borrowed money adjusted for variation in the number of days in each month.

Cost-of-Funds Index, one of many interest rate indexes used to determine interest rate adjustments on an adjustable rate mortgage.

One of the indexes that can be used to set the interest rate for some adjustable-rate mortgage ( ARM) loans It is determined by the Federal Home Loan Bank of San Francisco 11th District.

One of the many different indexes that can be used to determine interest rate changes for certain Adjustable Rate Mortgages (ARMs)

An index of the costs of financial institutions that sets the interest rate for Adjustable Rate Mortgages (ARMS).

The weighted-average cost of savings, borrowings, and advances of the 11th District members of the Federal Home Loan Bank of San Francisco. It's an index used, not surprisingly, for the type of ARMs known as COFI loans. It's a slow-moving index, but often these types of ARMs have no caps.

Is a benchmark used for resetting the coupon rate on an adjustable rate mortgage. Frequently, this is based on the cost of the 11th District Federal Home Loan Bank funds. This district includes Arizona, California and Nevada.

An index that is used to determine interest rate changes for certain adjustable-rate mortgage (ARM) plans. It is based on the weighted monthly average cost of deposits, advances, and other borrowings of members of the Federal Home Loan Bank of San Francisco.

A common index used in adjustable rate loans based on the weighted-average interest rate paid for deposits by savings institutions that are members of the 11th Federal Home Loan Bank District.

An index that is used to determine interest rate changes for certain adjustable-rate mortgages (ARMs). It is based on the cost of savings, borrowings, and advances of the institutions that comprises the index.

An index that is used to determine interest rate changes for certain adjustable-rate mortgage (ARM) plans. It represents the weighted-average cost of savings, borrowings, and advances of the 11th District members of the Federal Home Loan Bank of San Francisco.

An index of the weighted-average interest rates paid by lending institutions for sources of funds.

One of the indexes that is used to determine interest rate changes for certain adjustable-rate mortgages. It represents the weighted-average cost of savings, borrowings, and advances of the financial institutions such as banks and savings & loans, in the 11th District of the Federal Home Loan Bank.

Is used to determine changes in the interest rate for certain adjustable rate mortgages, based on the averages of several financial institutions in savings, borrowings, and advances.

COFI: An based on the average cost of obtaining funds for the group of savings institutions which comprise the index. The most common is the 11th District COFI, which is the weighted average cost of savings, borrowing and advances for the Federal Home Loan Bank of San Francisco. The 11th District COFI is one of the indexes that may be used to set the interest rate for an adjustable rate mortgage (ARM). A COFI index usually fluctuates more slowly than other ARM indexes.

Monthly weighted average cost of funds for savings institutions that are members of the Federal Home Loan Bank System Eleventh District (San Francisco). COFI consists of the monthly weighted average cost to Bank members of savings, borrowings and advances

An index of the weighted-average interest rate paid by savings institutions for sources of funds, usually by members of the 11th Federal Home Loan Bank District.

An index that is used to determine the interest rate changes of an adjustable rate mortgage (ARM) based on the Cost of Funds Index (COFI). The Cost of Funds Index is the weighted average of interest rates set by Federal Home Loan Banks.

An index that is commonly used in determining rates for Adjustable Rate Mortgages. It is a weighted average of interest paid by members (institutions) of the 11th Federal Home Loan Bank District of San Francisco.

A yield index.

An index that may be used to determine the interest rate changes of an adjustable rate mortgage (ARM). The Cost of Funds Index, or COFI as it is commonly called, is the weighted average of interest rates that Federal Home Loan banks have paid to their customers recently. Usually, the COFI for the 11th district of Federal Home Loan Banks is used and covers banks in California, Nevada, and Arizona. The index value is announced on the last working day of the month following the month listed.

An index that is used to determine interest rate changes for certain adjustable-rate mortgage (ARM) plans. It represents the weighted-average cost of savings, borrowings, and advances. See adjustable-rate mortgage (ARM).

An index that is used to determine interest rate changes for some ARMs. It represents the weighted average cost of savings, borrowings, and advances of members of the 11th District of the Federal Home Loan Bank of San Francisco.

A Cost of Funds Index or COFI is a regional average of interest expenses incurred by financial institutions, which in turn is used as a base for calculating variable-rate loans. The interest rate on an adjustable rate mortgage, for example, is often linked to a regional COFI specified in the particular loan documents. COFIs, in turn, are usually calculated by a self-regulatory agency like Federal Home Loan Banks.