Mortgage where the interest rate changes from time to time based on an underlying benchmark index and a margin. How and when the rate changes is typically stated in the mortgage contract, as well as any limits that are placed on the amount that the interest rate can increase at each adjustment date.
Related information about indexed ARM:
- Indexed ARM Definition | Investopedia
An adjustable-rate mortgage on which the interest rate adjusts periodically according to an underlying benchmark index plus a margin. An adjustable-rate ...
- 1 year Treasury Indexed ARM Archives - Inlanta Mortgage
The average one-year Treasury-indexed ARM increased to 2.56 percent from 2.55 last week. Last year at this time, the 1-year ARM averaged 2.79 percent.
- Treasury-Indexed ARM Features in January 2012 - Freddie Mac
Jan 5, 2012 ... Treasury-Indexed ARM Features in January 2012. 1-Year ARMs, 3-Year ARMs, Longer Initial Period Hybrid ARMs. Conforming, Jumbo, 3/1 ...
- Constant Maturity Treasury (CMT)-indexed ARMs - Freddie Mac
Constant Maturity Treasury (CMT)-indexed ARMs. Expand your product line and origination volume with Freddie Mac CMT-indexed ARMs. Adding Constant ...
- Adjustable-Rate Mortgages - Consumer Financial Protection Bureau
indexed ARM rate (that is, lower than the sum of the index plus the margin). Such rates—called discounted rates, start rates, or teaser rates—are often combined ...
- Mortgage (ARM) Indexes: London Inter Bank Offering Rate (LIBOR ...
Mortgage Professionals Offering LIBOR-indexed Loans: If you are looking for a LIBOR-indexed ARM and need more information or advice, we invite you to take ...
- Mortgage Glossary - The Mortgage Professor
May 2, 2011 ... Current index value. The most recently published value of the index used to adjust the interest rate on an indexed ARM. Current projected rate ...
- What is LIBOR Index and why to go for LIBOR Rate ARM?
Dec 7, 2005 ... Post Posted: Tue Jun 23, 2009 1:20 pm Post subject: Seeking information on a seemingly obscure LIBOR-indexed ARM ...