Real Estate Glossary
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Certificate of Deposit Index An index that is used to determine interest rate changes for certain ARM plans. It represents the weekly average of secondary market interest rates on six-month negotiable certificates of deposit.
* Also see "Adjustable-Rate Mortgage" entry
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Westchester County Real Estate Agent and Putnam County Homes
Westchester Putnam Realtor Alexander Rallis - Broker Owner- 1(866)222-0772
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