Larry Barasch, ABR,CRS,GRI
Office: (631) 274-1955
Cell: (516) 449-2222
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"Honesty and Integrity"
Licensed Broker Associate
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Certificate of Deposit Index An index that is used to determine interest rate changes for certain ARM plans. It represents the weekly average of secondary market interest rates on six-month negotiable certificates of deposit.
* Also see "Adjustable-Rate Mortgage" entry
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