3-month sentence example
- Lovering's general formula suggests that the 4-month term is really less important than the 3-month term, but he gives no data for the latter at individual stations.
- 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.
- The 1-month and 3-month Libor rates are shown in the same chart as the Prime Rate and the Federal Reserve Target Rate.
- 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.