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- The fixed rate is the U.S. average of conventional 1st home loan mortgages for new home purchases (source: Federal Housing Finance Board).
- The ARM rate is the T-Bill rate, defined as the monthly average rate on the U.S. Treasury securities, adjusted to a constant maturity of one year, plus a 2.75% margin. Thereafter, the full index and margin is applied. The ARM rate shown does not reflect any teaser rate.
- The MOP note rate is equal to the four quarter average of the rate of return of the University's Short Term Investment Pool plus an administrative fee.
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