Articles about libid (0-1 of 1)

  • Why To Opt For Adjustable Rate Mortgage
    By: Tarun Jaswani | - An adjustable rate mortgage (ARM) is a mortgage loan where the interest rate on the note is periodically adjusted based on a variety of indices. Among the most common indices are the rates on 1-year constant-maturity Treasury (CMT) securities, the Cost of Funds Index (COFI), and the London Interbank Offered Rate (LIBOR).

    The loan may be offered at the lenders standard variable rate/base rate. There may be a direct and legally defined link to the underlying index but where the lend ...
    Tags:

[1]»


Site Navigation:


Copyright 2005-2011 ArticleSnatch, LLC - All Rights Reserved.
Privacy Policy | Terms of Service.