Category Archives: Adjustable Rate Mortgage

The LIBOR Loan – Buyer Beware

There are a lot of people in trouble because they got themselves into a Libor Mortgage Loan or the equivalent.  LIBOR loans are adjustable rate mortgages (ARM) whose interest rate is tied to the one-month LIBOR index. At one time … Continue reading

Posted in Adjustable Rate Mortgage, adjustable rates, ARM, Banks, basis points, California Home Loan Rates, City of Valley Village, LIBOR, LIBOR Loan, LIBOR Mortgage Loan, London InterBank Offered Rate, mortgage holders | 4 Comments