LIBOR

    By Charles Wallace

    | 7:00AM 5/27/2010
    Europe's debt crisis has driven up the London interbank offering rate, or Libor, to a 10-month high. Find out why, if the increase persists, American consumers could find it harder to get all kinds of loans.

    By Joseph Lazzaro

    | 4:00PM 7/28/2009
    Experienced investors know that most economic recoveries occur slowly, almost imperceptibly, kind of like the arrival of dawn. Case in point: The three-month Libor, or London interbank offered rate, which dipped below 0.50 percent for the first time Friday since the financial crisis began last...

    By Joseph Lazzaro

    | 12:00PM 5/18/2009
    More good news on the financial front: credit markets continue to thaw. The three month London interbank offered rate, or Libor, fell four basis points to 79 basis points Monday -- its biggest one-day decline since March 19, Bloomberg News reported. The Libor has now declined 11 basis points in a...

    By Joseph Lazzaro

    | 5:15PM 4/14/2009
    Here's one ray of light for investors: credit markets continue to thaw. The London interbank offered rate, or Libor, is dropping at the fastest pace since January, as financial institutions worldwide gain confidence that the worst of the financial crisis is over, and that Fed / Treasury and...

    By Tracy Coenen

    | 9:00AM 6/15/2008
    One of my friends is worried because he's got an Adjustable Rate Mortgage (ARM) on his home and it's going to reset later this year. He's got an unusual financial situation, and hasn't been able to find a company that will refinance the house. Of course, he's worried that once the ARM resets, his...