The FHLB’s cost-of-funds index for S&Ls; fell.
The monthly index for July fell to 8.196%, off from 8.374% in June, the Federal Home Loan Bank of San Francisco said. Many banks and savings and loans use the index to change the interest rates on adjustable-rate mortgage loans.
More to Read
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.