Home - Grapevine - Ask the Experts - BrokerWire - Buyer's Guide - Classified Ads - Conference Calendar - Database - Free Newsletter - Making the Sale - Market Conditions - Marketing Tips - Mortgage University - The Paper Warehouse - Quality Time - Special Reports - SubPrime Lending - Technology News - This Week from Broker Magazine - What We're Hearing - WeirdLoans







Special Reports

Not Your Father's ARM Loan

COFI Up in 2004

SAN FRANCISCO--The Eleventh Federal Home Loan District Cost of Funds Index for the first time since 2000 has ended the year higher than when it was at the conclusion of the previous year.

For December 2003, COFI was 1.902%. The index then spent the next five months continuing its decline, until it reached bottom in May, at 1.708%. In December 2004, the index was 2.118%.

In seven months, the index has gained 40 basis points, which is relatively flat given how fast the index fell. The current index is the highest it has been since June 2003. COFI's most recent peak was in December 2000, at 5.617%.

Click here for advertising information.
For technical support, e-mail webmaster@brokeruniverse.com
For reprints, call Charlton Sanabria at 212-803-8377.
Privacy Policy
© 2008 Broker magazine and SourceMedia, Inc. All rights reserved.
Use, duplication, or sale of this service, or data contained herein, is strictly prohibited.