Mortgage Help   Mortgage Rates Real Estate Credit Foreclosure Tax
	Mortgage Indexes Indexes Daily Indexes Constant Maturity Treasury CMT 12-Month Treasury Average MTA 11th District Cost of Funds Index COFI Certificate of Deposit Index. CODI Cost of Savings Index COSI London Inter Bank Offering Rates LIBOR Prime Rate Fed. Funds Rates Discount Rate CODI - Certificate of Deposit Index A CODI loan is based on one of the most stable indexes currently available. Simply put, it is the aggregate sum of what banks are paying to their depositors on their 3-month CD accounts! The overall index is calculated by using an average, of an average, of an average. It works this way: they take the daily average of these 3-month CDs and add those daily values together for one month. They then divide that sum by the number of days in the month to reach a monthly value. Next, they add that current monthly value to the previous 11 monthly values and divide by 12 to give us the current CODI Index. The CODI or Certificate Of Deposits Index is published the first of every month. The CODI is the average of the most recently published monthly yields on 3-month certificates of deposit (secondary market) for the twelve most recent calendar months as published by the Federal Reserve Board.CODI responds more quickly to the changes in the marketplace than either COFI or COSI.The CODI program works exactly like the COFI and COSI, but the Margins are slightly higher, and the index is slightly more volatile because it has a smaller pool of money deposited as it only includes 3 month C/Ds from Savings & Loans sponsored by the Federal Reserve Board.    2007 January 5.2167 February 5.2658 March 5.3008 April 5.3242 May 5.3375 June 5.3358 July 5.3242 August 5.3333 September 5.3433 October 5.3225 November 5.2933 December 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 January 4.629 5.917 5.390 5.616 5.467 5.330 6.456 3.687 1.726 1.132 1.6925 3.6742 February 4.887 5.846 5.393 5.625 5.413 5.418 6.428 3.270 1.688 1.113 1.8358 3.8367 March 5.114 5.762 5.412 5.639 5.359 5.511 6.366 3.077 1.643 1.098 1.9958 3.9958 April 5.313 5.690 5.432 5.643 5.303 5.613 6.262 2.828 1.586 1.085 2.1633 4.1575 May 5.488 5.628 5.461 5.633 5.245 5.730 6.116 2.607 1.533 1.083 2.3317 4.3183 June 5.613 5.573 5.489 5.623 5.189 5.879 5.892 2.423 1.483 1.162 2.4917 4.4825 July 5.728 5.536 5.506 5.618 5.150 6.013 5.643 2.263 1.419 1.118 2.6583 4.6400 August 5.815 5.516 5.512 5.618 5.121 6.132 5.392 2.107 1.303 1.212 2.8325 4.7742 September 5.895 5.485 5.528 5.616 5.107 6.232 5.106 1.961 1.247 1.277 3.000 4.8967 October 5.953 5.467 5.536 5.600 5.114 6.323 4.820 1.868 1.194 1.355 3.1742 4.9967 November 5.977 5.435 5.556 5.563 5.191 6.368 4.457 1.820 1.171 1.4508 3.3450 5.0808 December 5.973 5.405 5.586 5.522 5.254 6.423 4.072 1.767 1.151 1.5633 3.5117 5.1533