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.
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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