LIBOR index-
A Libor Mortgage is short for the London InterBank Offered Rate, the interest rate offered for U.S. dollar deposits by a group of large London banks. There are actually several Libors corresponding to
http://www.brokeroutpost.com/reference/128774.htm (Updated: 05/27/2007)
Related Reference Topics: [libor, ajdustable rate mortgage, arm, mta]