What percentage of U.S. adjustable rate mortgages are based on LIBOR? - libor index rate
If anyone knows, would the exact breakdown of what percentage of U.S. mortgage loans based on 1-year Constant Maturity Treasury (CMT), the cost of funds index (COFI), and the London Interbank Offered Rate (LIBOR) This be great.
Tuesday, January 12, 2010
Libor Index Rate What Percentage Of U.S. Adjustable Rate Mortgages Are Based On LIBOR?
1 comment:
I used to work @ The German bank structured products, and I would say that 90% of all ARM / arm out of LIBOR based payment option. I am not sure whether the separation between words, however, 3M, 6M or 1 years
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