Prime Rate, 11th District Cost of Funds, LIBOR, Two Year Treasury Bill, Five Year Treasury Bill and the 12 month Treasury Average are all examples of an index which lenders use to determine interest rates on adjustable or fixed rate loans.
Prime Rate, 11th District Cost of Funds, LIBOR, Two Year Treasury Bill, Five Year Treasury Bill and the 12 month Treasury Average are all examples of an index which lenders use to determine interest rates on adjustable or fixed rate loans.