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Tracker Based on US Libor ??
Aletank
Posts: 569 Forumite
I'm not due to remortgage for 6 months or so yet, but was just checking out the Charcoal online Mortgage Comparison service.
It came up with the Leeds & Holbeck US Libor, 10 year Tracker Mortgage as the best deal/mortgage for me.
Whats the US Libor ?
How stable is it ?
Any other information too please as I've never heard of it before
Thanks Guys
It came up with the Leeds & Holbeck US Libor, 10 year Tracker Mortgage as the best deal/mortgage for me.
Whats the US Libor ?
How stable is it ?
Any other information too please as I've never heard of it before
Thanks Guys
0
Comments
-
Hi
this ( and similiar products) has been discussed before -
to save reating it all again
try a search on "libor" in the mortgage sectionAny posts on here are for information and discussion purposes only and shouldn't be seen as (financial) advice.0 -
OK Thanks
Looks like its a lot more risky and based on US interest rates staying lower than UK rates.0
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