Weskus

This shows just how precarious the situation is ….From the webLenders’ funding fears see LIBOR rocket to 1%Mortgage StrategyThree-month LIBOR last week rose to 1% for the first time since July 2009 as lenders’ funding and liquidity fears deepened on the back of the eurozone crisis. LIBOR has risen from 0.83% since August, steadily increasing the gap between it and the 0.5% base rate, which in normal trading …Recommended by Google+