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LIBOR - How to find out the rate?
Silvafox
Posts: 321 Forumite
Can anyone recommend a good site that keeps track and gives the current LIBOR rate please? I'm coming off a fixed rate and want to work out what my new payments will be. Thanks.
PMA - Positive Mental Attitude
It works for me - you try it!
It works for me - you try it!
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Comments
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I'm coming off a fixed rate and want to work out what my new payments will be.
What does the LIBOR have to do with anything?
Mortgage rates have receently be anything BUT linked to LIBOR.0 -
Ermmmmm... because my mortgage is linked to the LIBOR rate of course! As were my last 2 mortgages for that matter.PMA - Positive Mental Attitude
It works for me - you try it!0 -
OP - http://www.bba.org.uk/bba/jsp/polopoly.jsp?d=141&a=11948
Lisy - many SVRS (esp subprime) are LIBOR linked.0 -
Slivafox - you have to take a lot of the folk on here with a pinch of salt as most have serious holier-than-thou attitudes...
You can ask the lender what the rate will be (or is currently) or try a web site or two - this has some info - http://www.bba.org.uk/bba/jsp/polopoly.jsp?d=141&a=11948Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam0 -
Wutang and Andy, thank you for your replies. I think I'll give the lender a buzz as the LIBOR appears to change its rates frequently and I'm not sure what figure they take and how they work it out.
Thanks again for the links...PMA - Positive Mental Attitude
It works for me - you try it!0 -
Ermmmmm... because my mortgage is linked to the LIBOR rate of course! As were my last 2 mortgages for that matter.
Thanks for your reply (and answering without being judgemental).
I was thinking of NEW mortgages and didn't realise you were referring to an existing mortgage. I get it now.
Sorry for taking your time, and thanks again for helping me out.0 -
Thanks for your reply (and answering without being judgemental).
I was thinking of NEW mortgages and didn't realise you were referring to an existing mortgage. I get it now.
Sorry for taking your time, and thanks again for helping me out.
No worries...!PMA - Positive Mental Attitude
It works for me - you try it!0 -
Some lenders link their rates to the 'three month libor' rate so you may find that your rate changes every quarter. I'm sorry I can't give you the definitive 3-month libor rate that they use.11th Heaven prizes Number 103
Jan Wins - £15 itunes voucher, Food Processor
1) Holiday 2) Cash 3) Ipad [STRIKE]4) Kitchen gadgets[/STRIKE] 5) New Actifry 6) Garden/House makeover 7) New Bed 8) Multi-region BluRay player 9) Netbook 10) Gig tickets 11) 3D TV0 -
Wutang and Andy, thank you for your replies. I think I'll give the lender a buzz as the LIBOR appears to change its rates frequently and I'm not sure what figure they take and how they work it out.
Thanks again for the links...
Hi
This site seems useful. It gives different time spans, up to June 2008.
http://www.econstats.com/r/rlib_am11.htm
Alan0
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