The Certificate of Deposit index represents the weekly average of secondary market interest rates on six-month negotiable CDs. The initial interest rate and payments adjust every six months after an initial six-month period. ARMs with this index typically come with a per-adjustment cap of 1 percent and a lifetime rate cap of 6 percent.
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Serving Fairfax County: Great Falls, McLean, Oakton, Arlington, Alexandria, Dunn Loring, Reston, Fairfax, Herndon, Oak Hill, Falls Church, Vienna, Serving Loudoun County: Ashburn, Leesburg, Lovettesville, Waterford, Sterling and Potomac Falls
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Offices in Great Falls, Chantilly and Leesburg
