1-month sentence example

  • The most frequently used LIBOR rate in mortgage rate calculations is the 6-month rate; however, the 1-Month, 3-Month and 1-Year LIBOR rates are also used by some lenders.
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  • The 1-month and 3-month Libor rates are shown in the same chart as the Prime Rate and the Federal Reserve Target Rate.
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  • However, some adjustable rate mortgages are based on shorter maturities such as the 1-month and 3-month rate or the longer 1-year rate.
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