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‘Unfrozen’ 10-Year LIBOR SWAP Could Spell Gains for Reverse Mortgage Borrowers 

May 19, 2020By

The Intercontinental Exchange (ICE) Benchmark Administration published a new 10-year London Interbank Offered Rate (LIBOR) SWAP rate for the first time since February 27 on Tuesday, which will likely sit at 0.68% as of next week. The last published rate at the end of February sat at 1.22%, which means that the new rate could […]