The world’s most widely used benchmark for short-term interest rates. LIBOR stands for London Interbank Offered Rate. It is based on the US dollar, the euro, the pound sterling, the Japanese yen, and the Swiss franc. When LIBOR rises, interest rates also tend to rise.
Before We Build Another House, Let’s Ask Ourselves an Important Question
There’s a growing drumbeat in the industry right now: in many markets, it’s cheaper to build new...






















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