Mortgage Loan with floating rate
Mortgage Loans with a floating interest rate can be issued in USD.
Floating rate loans in USD are tied to the London Interbank Offered Rate (LIBOR) published by the British Banking Association. This interest rate is established for three-month deposits in USD (for details, please see : http://www.global-rates.com/interest-rates/libor/libor.aspx).
|| 50 000 - 220 000
||LIBOR on 3 months USD deposit
information regarding the interest rate changing is sent to the client by internet banking.