LIBOR

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January 1, 1 6 min read Definitions

Adjustment Index Interest Rates Adjustable-Rate Mortgage ARM Treasury Bill Rate LIBOR Cost of Funds Index Mortgage Loan Terms

An adjustment index is the published interest rate used to calculate the interest rate of an Adjustable-Rate Mortgage (ARM) at the time of origination or adjustment.

Read more about Adjustment Index.

January 1, 1 6 min read Definitions

LIBOR (London Interbank Offered Rate)

LIBOR Eurodollars Interest Rates Benchmark Adjustable Rate Mortgages International Banking Finance

LIBOR, or the London Interbank Offered Rate, is the interest rate at which major international banks lend Eurodollars to one another. It is widely used as a benchmark for adjustable-rate mortgages and other financial products.