Assertion: mortgage's rate | /r/HasProperty | libor
Facets:
Source sentences:
text: In some adjustable rate mortgages, the borrower's interest rate is actually tied directly to a major index rate such as the 10-Year US Treasury bond or the London Interbank Offered Rate (LIBOR).
text: The rate is called LIBOR, and margin based on it is known as LIBOR margin.
text: Common indices in the U.S. include the U.S. Prime Rate, the London Interbank Offered Rate (LIBOR), and the Treasury Index ("T-Bill"); other indices are in use but are less popular.
text: In the United States, the interest rate for most ARMs is based on the U.S. Treasury rate, but about 20% of ARMs are based on the London Interbank Offered Rate (LIBOR).
text: During the adjustable rate portion of an ARM, the interest rate charged is typically based on a standard financial index, such as the key index rate established by the Federal Reserve or the London Interbank Offered Rate (Libor).
text: London Interbank Offered Rate (Libor).