LIBOR finance trends

Fluctuations in the LIBOR, 1999-2018

Eric Garland DataLab

The LIBOR, or London Inter-bank Offered Rate, is the average of what top banks in the City would charge to loan to each other. It’s a key indicator of financial markets and economic trends in general. We’ve noticed a strong recent shift in this indicator, and we believe that it will have particular impact on highly-leveraged business deals – not …

serious delinquencies mortgage

Serious delinquencies for mortgages drop to almost pre-crisis levels

Eric Garland DataLab

Courtesy of Calculated Risk, this chart shows FannieMae and FreddieMac’s reporting on serious delinquencies for U.S. mortgages in the last 20 years. While there is much speculation about whether there is an asset bubble in the housing sector, this indicator shows that the fundamentals may still be holding. The peak of the serious delinquencies occurred when it hit 4.2% in …