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CD-Indexed (Certificate of Deposit) ARMs The Certificate of Deposit index represents the weekly average of secondary market interest rates on six-month negotiable CDs. The initial interest rate and payments adjust every six months after an initial six-month period.
ARMs with this index typically come with a per-adjustment cap of 1 percent and a lifetime rate cap of 6 percent.
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Keller Williams Realty is the 4th largest and Fastest Growing Real Estate Company in North America. Each Office is Independently Owned and Operated.
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