COFI or "cost of funds index" is an ARM that gets adjusted every month
with no total or incremental caps. However, the rate is based on a
generally very slow moving index, i.e., the rate the banks pay
depositors. You can pay more than assessed each month as your finances
dictate.
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"best mortgages"
http://www.loans.tohelpyou.info/best-mortgages/[ya]2nd-mortgages.aspx
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