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Board of Governors of the Federal Reserve System
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Publications

Features

Image of brochure cover Interest-Only Mortgage Payments and Payment-Option ARMs--Are They for You?
Explains features of interest-only mortgage payments (I-O mortgage) and adjustable-rate mortgages with the option to make a minimum payment (a payment-option ARM). Includes cautions about payment shock, negative amortization, and prepayments.
Image of IJCB journal cover International Journal of Central Banking Leaving the Board
The International Journal of Central Banking (IJCB) is an initiative of the central banking community.  Published quarterly, the journal features articles on central bank theory and practice, with a special emphasis on research relating to monetary and financial stability.
 
Last update: May 7, 2008