How does libor effect mortgage rate in america? - Loan Modification - Free Foreclosure Help

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07-08-2010, 05:37 AM

suniti

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Join Date: Jul 2010

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How does libor effect mortgage rate in america?

When is it better to buy a house, when libor is higher or lower? How and why does libor effect mortgage rates? Please explain how it works and how it is calculated. How much of an effect does libor have on buying a house/mortgage?

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