The Cost of Funds Index fell to within a single basis point of its lowest level on record. Also improving was the yield on the one-year Treasury note. March’s COFI came in at 2 basis points lower than it did during February, according to data reported by the Federal Home Loan Bank System. The 11th [...]
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3rd Consecutive COFI Record
July 1st, 2012 
davidguide Borrowers whose adjustable-rate mortgages are tied to the 11th District Cost of Funds Index again were treated to new record-low index. It was the third month in a row that the index has established a new low. COFI was 2 basis points lower in May than it was during April. Data back to July 1981 [...]
Posted in Business Loans 
Tags: 11th district cost of funds, 11th district cost of funds index, adjustable rate mortgages, basis, basis points, Borrowers, COFI, Consecutive, Funds, Index, post 
Comments OffCOFI Continues Free Fall
June 1st, 2011 davidguide The 11th District Cost of Funds Index was nearly 10 basis points lower in April. It was the 10th consecutive month that COFI was lower. The index is at its lowest level since October 2009. View full post on Mortgage Stories
Posted in Business Loans Tags: 11th district cost of funds, 11th district cost of funds index, basis, basis points, COFI, fall, Funds, Mortgage, October, post Comments OffCOFI Falls for 9 Straight Months
April 30th, 2011 davidguide The Cost of Funds Index was 2 basis points lower in March than in February, the Federal Home Loan Bank of San Francsico reported. COFI has been lower each month since June 2010. A year ago, the index was 41 BPS higher. View full post on Mortgage Stories
Posted in Business Loans Tags: basis, basis points, COFI, falls, federal home loan, federal home loan bank, Funds, home, home loan bank, Index, san francsico Comments OffCOFI, 1-yr Treasury Improve in 2010
February 1st, 2011 davidguide The Cost of Funds Index was 32 basis points better on Dec. 31, 2010, than a year earlier, the Federal Home Loan Bank of San Francisco reported. A more moderate 18-basis-point improvement was recorded for the one-year Treasury yield during the same period, based on Department of the Treasury data. During just December, COFI was [...]
Posted in Business Loans Tags: bank, basis, COFI, federal home loan bank, federal home loan bank of san francisco, Funds, home, home loan bank, Treasury, treasury data, yr treasury Comments Off
