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2. Here’s how the Secured Overnight Financing Rate works ... - AOL

   www.aol.com/finance/secured-overnight-financing...

   If you hold a fixed-rate mortgage, SOFR likely won’t impact you. ... the average bank has to pay an interest rate of 5% to raise money today. If that bank lends out this money—say for a ...

3. Libor - Wikipedia

   en.wikipedia.org/wiki/Libor

   Interest rate swaps based on short Libor rates traded on the interbank market for maturities up to 50 years. In the swap market, a "five-year Libor" rate referred to the five-year swap rate, where the floating leg of the swap referenced the three- or six-month Libor (this can be expressed more precisely as for example "5-year rate vs 6-month ...

4. Mortgage interest rates for today March 6, 2024: Rates drop ...

   www.aol.com/finance/mortgage-interest-rates-for...

   There are drops for 30-year mortgage terms again today. Both purchase and refinance rates with a 30-year fixed term dropped to 7.21%. That is 15 basis points lower than this time last week for a ...

5. Mortgage and refinance rates for Dec. 24, 2024: Average rates ...

   www.aol.com/finance/mortgage-and-refinance-rates...

   See today's average mortgage rates for a 30-year fixed mortgage, 15-year fixed, jumbo loans, refinance rates and more — including up-to-date rate news.

6. Libor scandal - Wikipedia

   en.wikipedia.org/wiki/Libor_scandal

   The Libor scandal was a series of fraudulent actions connected to the Libor (London Inter-bank Offered Rate) and also the resulting investigation and reaction. Libor is an average interest rate calculated through submissions of interest rates by major banks across the world.

7. SOFR - Wikipedia

   en.wikipedia.org/wiki/SOFR

   Secured Overnight Financing Rate (SOFR) is a secured overnight interest rate. SOFR is a reference rate (that is, a rate used by parties in commercial contracts that is outside their direct control) established as an alternative to LIBOR. LIBOR had been published in a number of currencies and underpins financial contracts all over the world.