Sentence Examples

  • On the other hand, if you are the type of person who will be up at night worrying about where interest rates are headed, then you may be better off choosing a different type of loan product - one that is not based on Libor rates.
  • When you obtain a LIBOR-based mortgage loan, your interest rates will not fluctuate every time the LIBOR fluctuates; instead, your interest rate will fluctuate at predetermined intervals as set by the terms of your loan.
  • The format of their data, however, may not be as easy-to-use as the formats used on various financial data websites.A good place to start for Libor rate history is the website of the British Bankers' Association (BBA).
  • Although many lenders follow a certain index - whether it's the Prime Rate, the LIBOR, or some other index predetermined by the lender - it is up to each individual lender to decide how much to add to each index.
  • Some lenders tie their interest rates closely to an index such as the Prime Rate or the Libor plus a predetermined margin, but the choice is ultimately up to the lender to decide what interest rate to charge.