Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Is the LIBOR used primarily for one type of mortgage loan?

0
Posted

Is the LIBOR used primarily for one type of mortgage loan?

0

For residential loans, also known as home loans, LIBOR is only used for ARM loans. Commercially, LIBOR is used to set both ARMs and fixed-rate loans.

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123