A bank index reflecting the weighted average interest rate paid by the savings institutions on their sources of funds. There are national and regional COFI indexes.
The average rate paid on liabilities for SAIF institutions within a specified region. Common examples include the 11th District COFI (comprised of institutions within the Federal Reserves 11th District) and the National COFI (comprised of all SAIF insured institutions in the country).
Cost of funds index. 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.
Cost of Funds Index. 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.
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.
Cost of Funds Index. 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.
cost of funds 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.
Adjustable-rate mortgage with rate that adjusts based on a cost-of-funds index, often the 11th District Cost of Funds.
Cost of Funds Index. An index of the weighted-average interest rates paid by lending institutions for sources of funds.
Cost of funds index. 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.
Cost of Funds Index. 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.
An index, often the 11th District Cost of Funds (California & Nevada), that represents the average cost of funds such as bank cd's etc..
An index produced by the 11th District Federal Home Loan Bank. One of several indexes used to set interest rate changes for certain Adjustable-Rate Mortgages.
Cost Of Funds Index. 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.
Cost of Funds Index. 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 (see ).
MP] Cost-of-Funds Index, one of many interest rate indexes used to determine interest rate adjustments on an adjustable rate mortgage.
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.
Cost of Funds Index. 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. discount instrument A money market instrument that pays no coupons, matures for its face value, and is issued at a discount to its face value.
11th District Cost of funds index
COST OF FUNDS INDEX. An interest rate reference index based on the cost of funds to 11th District (United States) savings and loan associations (banks).
Cost of Funds Index. An index of the costs of financial institutions that sets the interest rate for Adjustable Rate Mortgages (ARMS).
Cost of Funds Index. 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.
Cost of Funds Index. One of the many different indexes that can be used to determine interest rate changes for certain Adjustable Rate Mortgages (ARMs)
Cost of Funds Index. 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.
Cost of Funds Index. An index used to determine changes in the rates for adjustable-rate mortgages.
Cost of Funds Index. 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.
Cost of Funds 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.
Short for cost-of-funds-index. A yield index based upon the cost of funds to savings & loan institutions in the San Francisco Federal Home Loan Bank District. It is one of the indexes commonly used to set the rate of adjustable rate mortgages.
The cost of funds of thrift institutions in the Federal Home Loan Bank System's 11th District (California, Arizona and Nevada). Often used as a floating rate coupon index.