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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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Selling Salinas and Monterey County Real Estate
Salinas Realtor Noe Renteria. 831-449-5126
RE/MAX Real Estate Service 362 Main Street Salinas CA 93901, CA DRE License #01277574
Serving Salinas, Prunedale, Soledad, Seaside and Monterey County
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