3. A 5-year ARM (5/1 ARM) is a loan with a fixed rate for the first 5 years and a rate that subsequently changes once a year for its remaining life. Your lender locks in your rate for the first 5 years, but thereafter it changes on an annual basis moving up or down in […]
Has LIBOR lost its stature in the derivatives Market?
“Has LIBOR lost its stature in the derivatives Market?” A case study is attached