LIBOR still dropping...

inspector_monkfish

LIBORs 26th Oct

3mth 0.59375
6mth 0.80375
12mth 1.1725

after a few days of upwards movement, LIBORs turn back down today

inspector_monkfish

LIBORs 27th Oct

3mth 0.59375
6mth 0.80375
12mth 1.17125

inspector_monkfish

LIBORs 28th Oct

3mth 0.59
6mth 0.80125
12mth 1.16875

all heading back down again...

inspector_monkfish

LIBORs 29th Oct

3mth 0.59063
6mth 0.80375
12mth 1.16875

inspector_monkfish

LIBORs 30th Oct

3mth 0.59125
6mth 0.8075
12mth 1.17188

all slightly higher, due to month end pressure

inspector_monkfish

come on - time for transfers
catch me if you can.....

http://fantasyfootball.skysports.com/

Wutang_2

inspector_monkfish wrote: »

come on - time for transfers
catch me if you can.....

http://fantasyfootball.skysports.com/

None left this month!!

At least Glen Johnson is injured, unlucky:

Lennon injured - time to make Scharner my captain...

Catch me if you can Inspector

inspector_monkfish

Wutang wrote: »

None left this month!!

At least Glen Johnson is injured, unlucky:

Lennon injured - time to make Scharner my captain...

Catch me if you can Inspector

I have !!!

:D:D

inspector_monkfish

LIBORs 2nd Nov

3mth 0.595
6mth 0.815
12mth 1.17563

inspector_monkfish

petertr2000 wrote: »

Can anyone explain why the Libor has dropped massively, but mortgage rates are higher than ever?

I thought their argument was that while the BoE was very low, the interbank lending rate was still high - this clearly isn't the case.

When do people envisage the rates to fall?

nowadays, and 'strangely' rather coneveniently for the lenders, there are very few mortgage products that are linked to LIBOR.

Most are linked to 2yr or 5yr Swaps.