Interest Rates- LIBOR

LIBOR is the rate on dollar-denominated deposits, also know as Eurodollars, traded between banks in London. The index is quoted for one month, three months, six months as well as one-year periods. The most common quote for mortgages is the 6-month quote. LIBOR's cost of money is a widely monitored international interest rate indicator. LIBOR is currently being used by both Fannie Mae and Freddie Mac as an index on the loans they purchase.

More Interest Rate Information

Annual percentage rate (apr)
Adjustable rate mortgages (ARM)
London Inter Bank Offered Rate (LIBOR)

For more information on the LIBOR and how you can benefit from it fill out the form below and our loan professionals will contact you shortly.

LIBOR Info Request
*First		*Last
*E-mail		*Phone

Type of Loan	Purchase Refinance Debt Consolidation Cash Out Home Equity Loan Income Property
Loan Amount	0-25K 25K-50K 50K-100K 100K-200K 200K-300K 300K-400K 500K+
Credit	Excellent Good Slow Pay 30 Day Late Some Collections

Total Monthly Expenses	0-2K 2K-2.5K 2.5K-3K 3K-3.5K 3.5K-4K 4K-5K 5K-6K 6K+
Total Monthly Income	0-2K 2K-2.5K 2.5K-3K 3K-3.5K 3.5K-4K 4K-5K 5K-6K 6K+

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