The Certificate of Deposit index represents the weekly average of secondary market interest rates on six-month negotiable CDs. The initial interest rate and payments adjust every six months after an initial six-month period.
ARMs with this index typically come with a per-adjustment cap of 1 percent and a lifetime rate cap of 6 percent.
KATHLEEN NAGLE realtor ORLEANS realtor CAPE COD realtor EASTHAM realtor CAPE COD realtor WELLFLEET realtor CAPE COD realtor TRURO realtor CAPE COD realtor PROVINCETOWN realtor CAPE COD I am licensed in the state of MA
