You can find historical LIBOR rates in financial publications, on financial news websites, and on the websites of financial institutions or central banks. These rates can also be accessed through databases and historical financial data providers.
There are several companies one may access if hoping to research historical dollar exchange rates. Among the most currently highly profiled offering historical dollar exchange rates is the Oanda Corporation.
Download the WAPS Calculator over at forum.wapscalc.com and it will show historical rates from 2006 to present.
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The Bank of America will be able to state the historical rates if one telephones them. Alternatively, historical rates for many banks including the Bank of America can be found on specialist money sites such as Mortgage News Daily.
Looks like it was 32 cents. You can find a table of historical rates here: http://www.akdart.com/postrate.html
You can find historical LIBOR rates on various financial news websites like Bloomberg, CNBC, or the Wall Street Journal. Additionally, the ICE Benchmark Administration (IBA) website also provides historical LIBOR rate data.
LIBOID is the rate at which (theortically) banks bid for funds in the money market. LIBOR is the offer rate.
LIBOID is the rate at which (theortically) banks bid for funds in the money market. LIBOR is the offer rate.
Libor is London Inter-bank Offer Rate and Libid is London Inter-bank Bid Rate. Libor is always higher than Libid. If banks use Libor to lend (ask) and Libid to buy (bid) how come that while one bank expects to get a higher rate while lending hope to get a lower rate while borrowing? While one bank buys the other sells; while it is a bid rate to one it is offer rate to the other! How is it that this market function? Is it because the bid rate is expected to decrease within a day and the offer rate expected to increase simultaneously to keep-up with the margins in the inter-bank market?
A bank would definitely have more information about mortgage rates than an insurance agent. Most banks will print out real time rates on a daily basis and you could ask for historical data as well.
The historical trend of HELOC rates over time has been influenced by economic conditions and interest rate fluctuations. Generally, HELOC rates have followed the overall trend of interest rates, rising and falling in response to changes in the economy and monetary policy.