Some of Associated Bank's most well-respected financial leaders have teamed up with WGN Radio to offer their analysis of current events in the financial world. You won't want to miss these conversations. From discussing local commercial real estate to assessing national and global economic trends to dissecting political implications on the banking industry – anything is fair game.
Rumor has it that LIBOR – the London Interbank Offered Rate, which regulates ARM rates, might be disappearing – leaving mortgage lenders and buyers alike wondering what's going to happen to adjustable mortgages. John Horton provides a look at what the implications could be if LIBOR goes away.
John Horton is Vice President and Senior Residential Sales Manager in the Chicago Region at Associated Bank. He has nearly 30 years of experience in the residential mortgage business. His team at Associated Bank specializes in all mortgage varieties, including one-time construction loans, jumbo loans, Community Reinvestment Act loans and refinancing. He is also a 26-year member of the Clarendon Hills Fire Department.
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