Wednesday, August 11, 2010

Current LIBOR Rates

LIBOR RATES for Aug. 11, 2010

End of Day quotes for LIBOR Rate Quotes
  • 1-week LIBOR Rate = 0.26%
  • 1-Month LIBOR Rate = 0.27%
  • 3-Month LIBOR Rate = 0.38%
  • 1-Year LIBOR Rate = 0.97%
For current LIBOR quotes and charts, see LIBOR Quotes

LIBOR is the London Interbank Offered Rate. It is a daily reference rate based on the interest rates banks in the London wholesale money market (or interbank market) offer to lend unsecured funds to each other. LIBOR is usually slightly higher than the London Interbank Bid Rate (LIBID). LIBID is the rate the same banks are prepared to accept deposits.

For more information, see

Friday, April 23, 2010

Single-Family Home Prices in Gold

Home Price to Gold Price Ratio: Median single-family home price divided by the price of an ounce of gold

Chart of the day says "it currently takes 153 ounces of gold to buy the median single-family home.

This is considerably less that the 601 ounces it took back in 2001.

When priced in gold, the median single-family home is down 75% from its 2001 peak and remains well within the confines of its five-year accelerated downtrend."