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Glossary of Terms > T > TREASURY INDEX

TREASURY INDEX

A major index that is used to determine interest rate changes for certain adjustable-rate mortgage (ARM) plans. It is based on the results of auctions that the U.S. Treasury holds for its bills and securities or is derived from the U.S. Treasury's daily yield curve - a figre based on the closing bid yields on actively traded securities in the over-the-counter (OTC) market.

T Terms

TIMESHARE

TITLE

TITLE INSURANCE

TRANSFER OF OWNERSHIP

TREASURY INDEX

TRUTH-IN-LENDING

TWO-STEP MORTGAGE