Free daily stock tips and views

"Get the latest updates and stock write ups daily"

• Home
• About
• Disclaimer

Categories

• Daily Updates
• Stock Picks

Recent Posts

• Base Rate Cut Could Boost Mortgage Market
• Fed cuts to 1% Again Helping?
• $700 billion buys a lot of bad debt
• Hope for mortgages as LIBOR falls
• AIG Turns To Buyers And Borrowing

Recent Comments

• topwebbusinesses » Blog Archive » Dow Plunges For The 6th triple-digit loss on Dow Plunges For The 6th triple-digit loss
• popacamp on Bullish Calls 8/27/08
• charles schwab money market interest rate on Great Online Trading Companys In The US and UK
• Recap Of Cramers Stop Trading 7/30/08 · Stocks.ExplainedOnline.Net on Recap Of Cramers Stop Trading 7/30/08
• Chemical Engineering » Blog Archive » Recap Of Cramers Stop Trading 7/30/08 on Recap Of Cramers Stop Trading 7/30/08

Blogroll

• Investor Blogger
• Logo Design

Search

Supporters

Friends

« AIG Turns To Buyers And Borrowing | Main | $700 billion buys a lot of bad debt »

Hope for mortgages as LIBOR falls

By financepress | October 23, 2008

In a potential boost to the mortgage and loan markets in the UK, Wednesday saw the cost of interbank lending fall further as banks displayed increased confidence in market conditions. Adding to several consecutive days of falls following an injection of Government funds, the overnight LIBOR rate (London Interbank Offered Rate) fell to 4.58% on Wednesday – just above the base rate.

Topics: Daily Updates |

Comments

You must be logged in to post a comment.

Free daily stock tips and views is proudly powered by WordPress - Designed by RFDN
Entries (RSS) and Comments (RSS)