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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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South County Realty, 102 Bridge Street, Arroyo Grande, CA 93420
805-481-4297~Office
805-481-0273~Fax
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