LIBOR is an abbreviation for the "London Interbank Offered Rate," and is the interest rate offered by a specific group of London banks for U.S. dollar deposits of a stated maturity. LIBOR is used as a base index for setting rates of some adjustable rate financial instruments, including Adjustable Rate Mortgages (ARM's)
Conforming,
Jumbo and Super Jumbo Libor
Mortgage Rates
Current interest
rates are always best determined
by speaking with a mortgage
professional. Markets
change every day and there are
many factors that go in to determining
which program is right for you.
Let's put it this way... If
you ask someone for today's
rates and they tell you without
asking any questions...How do
they know you will qualify for
that loan program? Request
a libor mortgage quote from
a true mortgage professional
today.
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