| LIBOR, other interest rate indexes |
| By Bankrate.com |
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The LIBOR is among the most common of benchmark interest rate indexes used to make adjustments to adjustable rate mortgages. This page also lists some other less-common indexes.
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| LIBOR, other interest rate indexes |
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Ratings methodology
Who are they for? These
indexes are of interest to investors and borrowers alike, especially
those who have mortgages or business loans tied to these indexes.
What's included? The Bond Buyer
20 bond index is a barometer for yields on tax-free bonds issued
by state governments and local municipalities. The Fannie Mae 30-year
mortgage commitment for delivery within 60 days helps mortgage lenders
determine what rates to charge on 30-year fixed rate mortgages that
are to be sold to Fannie Mae within the next 60 days. The LIBOR
rates, which stand for London Interbank Offered Rate, are benchmark
interest rates for many adjustable rate mortgages, business loans,
and financial instruments traded on global financial markets.
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