LIBOR 1 Year ARMs (Libor Mortgage Loan)
LIBOR Index

LIBOR

LIBOR is an abbreviation for "London Interbank Offered Rate," and is the interest rate offered by a specific group of London banks for U.S. dollar deposits of a stated maturity. LIBOR is used as a base index for setting rates of some adjustable rate financial instruments, including Adjustable Rate Mortgages (ARMs) and other loans.

1 YEAR LIBOR ARMs
6 month LIBOR ARMs
Interest Only Loans