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- 21 Apr 2009 11:22
- Forum: Mark Nowell's Financial Questions
- Topic: Mortgage Base Rates
- Replies: 5
- Views: 8692
Hi Mark, I have a foreign currency mortgage with Laiki Bank (Swiss Francs). On set-up of the mortgage the interest was defined as a Base Rate of 2% plus the monthly LIBOR Rate. Thankfully, the LIBOR Rate has dropped over the last 5 months or so which is helping to offset the negative impact of the f...