Five-year Treasury-indexed hybrid adjustable-rate mortgages, or ARM, averaged 2.88%, up from 2.85% yet below 3.77% of a year ago.
WSJ: Mortgage Rates End Year Under 4%
The five-year Treasury-indexed hybrid adjustable-rate mortgage, or ARM, averaged 2.86%, down from 2.88% last week and 3.75% a year ago.
WSJ: Mortgage Rates Hold Near Lows
Capital gains also aren't indexed for inflation, so a lower rate is intended to offset the effect of inflated gains.
WSJ: Review & Outlook: The Buffett Ruse
Inflation-indexed bonds are securities that offer returns depending on the rate of inflation.
WSJ: India to Sell Inflation-Indexed Bonds from June
The value of the lifetime limit of lower rate capital gains will erode over time - will it be indexed in some way?
BBC: Tax changes offer partial relief
But dollar savings will be converted at a rate of 1.4 pesos to the dollar, and will then be indexed to inflation.
ECONOMIST: Floating or sinking? | The
But dollar savings are being converted at an exchange rate of 1.4 pesos to the dollar, and will then be indexed to inflation.
ECONOMIST: Argentina's crisis
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