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Real Estate Glossary
Use this real estate glossary to research terms you might run across in a real estate transaction.
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Cost of Funds IndexAn 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. See adjustable-rate mortgage (ARM).
 


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