Index Disclosed to the Borrower
Last updated 2026-08-01
Fannie Mae
Updated 2026-08-01
The value of the selected index for an ARM that is given to the borrower when the mortgage is closed. When subsequent index values differ from this value, it reflects changes in market conditions.
Fannie Mae Glossary of Terms
Fannie Mae · pp. 20–23
Related terms
Report an issue with this page
Still have questions?
Ask about this page or what may happen next. You will continue in Help — this is general information, not legal or counseling advice.