Update for Sept 30, 2009 For

[(former)FormerSanDiegan]

Update for Sept 30, 2009

For those who have alt-A or Prime ARM loans tied to the 12-month LIBOR. This month’s reset rate is …

Libor + 2.25%

Sept 30 12-month LIBOR : 1.26%

Fully Indexed ARM rate : 3.51 % –> nearest 1/8th

RATE : 3.625%