The Mortgage Dictionary contains a comprehensive list of mortgage terms used in the mortgage industry. This specialized dictionaries is made available by the 18,000 REALTOR® members of the Houston Association of Realtors ®. Please use Term Index section containing an alphabetical list of words with information about them.

A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z

Index
A published interest rate to which the interest rate on an Adjustable Rate Mortgage (ARM) is tied. Some commonly used indices include the 1 Year Treasury Bill, 6 Month LIBOR, and the 11th District Cost of Funds (COFI).

All information is subject to change and should be independently verified.
Copyright© 2009, HOUSTON REALTORS® INFORMATION SERVICE, INC. All Rights Reserved.
Disclaimer: HAR makes no representations or warranties of any nature with regard to the privacy and/or business practices of the websites linked from or to HAR.com
nor with regard to their use of any information they may collect.

Equal Housing Opportunity

REALTOR®-- A registered collective membership mark that identifies a real estate professional who is a member of the ® and subscribes to its strict Code of Ethics.