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LIBOR going away means fixed rates mortgages going up
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AG47
Posts: 1,618 Forumite
The LIBOR conspiracy fact goes even deeper now that it is being done away with, which means even fixed rate mortgages are going up.
Read he fine prin, if your fixed rate mortgage is based on li or then is going to change when the li or is going away
https://www.sgtreport.com
Read he fine prin, if your fixed rate mortgage is based on li or then is going to change when the li or is going away
https://www.sgtreport.com
Nothing has been fixed since 2008, it was just pushed into the future
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Comments
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Nothing to see here.
Publication of LIBOR was taken away from the BBA in 2015 and it's now published by ICE. LIBOR-settled futures contracts are exploding in volume
https://www.businesswire.com/news/home/20170616005168/en/Intercontinental-Exchange-Sets-New-Volume-Records-Short
so no sign of any loss of confidence in LIBOR there. LIBOR will continue to be published, because why wouldn't it?
We all get that you wish ill on homeowners because you aren't one, but do try harder.0 -
Nothing to see?westernpromise wrote: »Nothing to see here.
I just learnt 2021 is going to be the year of the collapse.
https://www.sgtreport.com/2018/05/smoking-gun-2021-the-year-of-collapse-lynette-zang/SMOKING GUN: 2021 – THE YEAR OF COLLAPSE
Time to buy silver and gold maybe?Don't blame me, I voted Remain.0 -
Start burying tins of beans in the garden. Maybe bitcoins too.0
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