COFI

1 Posts
1 Sections
1 Types

January 1, 1 5 min read Definitions

COFI Adjustable Rate Mortgages Interest Rates Financial Benchmark Real Estate Financing

The Cost of Funds Index (COFI) is a commonly used benchmark for adjusting interest rates on adjustable-rate mortgages (ARMs) in the United States. It reflects the average cost of funds deriving from savings institutions in Western 11th Federal Reserve District, including California, Arizona, and Nevada.