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LIBOR
Libor: What it means for US consumer loans
Check out how a key foreign interest rate impacts the interest you pay in the U.S.
Sell home or refi ARM: A matter of timing
How Libor impacts your ARM
Check caps, floors before refinance
Recent LIBOR stories
Time to refinance or can this homeowner handle the LIBOR risk on his mortgage?
A homeowner planning to move in a few years likely can handle the possibility of rising LIBOR rates.
Stimulus unlikely to help homeowner
Stimulus package provisions are unlikely to help a homeowner with an interest-only loan.
Loan document spells out LIBOR rate change rules
A lender cannot pick and choose an advantageous date to change the LIBOR rate on a mortgage loan.
Prime rate standard falls by wayside
Prime customers can borrow at a discount to the prime rate, so the number has lost its meaning, says Dr. Don.
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15 yr fixed
30 yr fixed
5/1 ARM
30 yr FHA Mortgage
5/1 ARM (interest only)
30 yr fixed average
3.82%
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About this index
Mortgage Overnight Averages
Product
Rate
+/-
Last week
30 yr fixed mtg
3.82%
3.73%
15 yr fixed mtg
3.11%
3.03%
5/1 ARM
2.67%
2.68%
30 yr fixed mtg refi
3.78%
3.80%
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