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The last 20 years of the COFI FIRREA passed Congress in 1989* *2 month lagging Index
	88	* 89	90	91	92	93	94	95	96	97	98	99	2000	2001	2002	2003	2004	2005	2006	2007	2008
J	7.615	8.125	8.369	7.858	6.002	4.360	3.710	4.747	5.033	4.821	4.987	4.608	4.901	5.514	2.823	2.375	1.811	2.183	3.347	4.392	4.170
F	7.647	8.346	8.403	7.848	5.800	4.333	3.687	4.925	4.975	4.759	4.968	4.562	4.967	5.426	2.744	2.308	1.841	2.317	3.604	4.380	*3.970
M	7.509	8.423	8.258	7.654	5.611	4.245	3.629	5.007	4.874	4.780	4.917	4.519	5.002	5.198	2.653	2.257	1.815	2.400	3.624	4.376
A	7.519	8.648	8.211	7.501	5.427	4.171	3.672	5.064	4.841	4.823	4.903	4.490	5.078	4.946	2.723	2.210	1.802	2.515	3.759	4.299
M	7.497	8.797	8.171	7.329	5.290	4.103	3.762	5.141	4.823	4.864	4.881	4.480	5.196	4.745	2.772	2.208	1.708	2.622	3.884	4.224
J	7.618	8.923	8.086	7.155	5.258	4.050	3.804	5.179	4.809	4.853	4.881	4.504	5.357	4.498	2.847	2.130	1.758	2.676	4.090	4.293
J	7.593	8.844	8.109	6.998	5.069	3.998	3.860	5.144	4.819	4.887	4.911	4.500	5.456	4.274	2.821	2.113	1.816	2.757	4.177	4.299
A	7.659	8.763	8.075	6.845	4.874	3.958	3.945	5.133	4.839	4.904	4.899	4.562	5.509	4.106	2.763	2.018	1.875	2.870	4.277	4.293
S	7.847	8.807	8.091	6.714	4.805	3.881	4.039	5.111	4.834	4.941	4.882	4.608	5.548	3.974	2.759	1.946	1.931	2.972	4.382	4.280
O	7.828	8.643	8.050	6.566	4.597	3.823	4.187	5.116	4.839	4.957	4.762	4.666	5.589	3.628	2.708	1.909	1.960	3.074	4.346	4.277
N	7.914	8.595	8.044	6.414	4.508	3.822	4.367	5.119	4.835	4.949	4.691	4.773	5.607	3.368	2.537	1.821	2.025	3.190	4.358	4.359
D	8.220	8.476	7.963	6.245	4.432	3.879	4.589	5.059	4.842	4.963	4.655	4.852	5.617	3.074	2.375	1.902	2.118	3.296	4.396	4.233

* The key to understanding about the stability of 11th District Cost Of Funds Index, is to understand what happened in 1989. I.e., because of FIRREA, the COFI dramatically dropped and should continue to stay relatively low and stable for the foreseeable future. Please read the following two articles from First Boston and Solomon Brothers for more information on what made the COFI drop, i.e. (FIRREA). The First Boston article (written in 1992) convinced the owner of AAMI to change his then "fixed" mortgage to a COFI "ARM" mortgage.
As of 1/2008:
The Cost of Funds Index over the past -	19 years has averaged	4.475%
The Cost of Funds Index over the past -	18 years has averaged	4.506%
The Cost of Funds Index over the past -	17 years has averaged	4.284%
The Cost of Funds Index over the past -	16 years has averaged	4.083%
The Cost of Funds Index over the past -	15 years has averaged	3.981%
The Cost of Funds Index over the past -	14 years has averaged	3.964%
The Cost of Funds Index over the past -	13 years has averaged	3.976%
The Cost of Funds Index over the past -	12 years has averaged	3.901%
The Cost of Funds Index over the past -	11 years has averaged	3.808%
The Cost of Funds Index over the past -	10 years has averaged	3.704%
The Cost of Funds Index over the past -	09 years has averaged	3.568%
The Cost of Funds Index over the past -	08 years has averaged	3.442%
The Cost of Funds Index over the past -	07 years has averaged	3.204%
The Cost of Funds Index over the past -	06 years has averaged	2.912%
The Cost of Funds Index over the past -	05 years has averaged	2.911%
The Cost of Funds Index over the past -	04 years has averaged	3.082%
The Cost of Funds Index over the past -	03 years has averaged	3.499%
The Cost of Funds Index over the past -	02 years has averaged	4.023%
The Cost of Funds Index over the past -	01 years has averaged	4.321%

more on the COFI

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