Good news for mortgage market as Libor eases
Posted on October 15th, 2008 in mortgage products, property prices |
After the Governments of Europe and the US announced bailout packages for its banks this week, it has emerged that Libor, the rate at which banks lend to one another, has fallen slightly.
Libor fell from 6.249% to 6.21%, marking a significant shift and providing some much-needed good news for the UK mortgage market.
The fall [...]
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