Data from the British Bankers' Association showed the three-month dollar Libor fell to 0.30188% from Monday's 0.30875%.

The mortgage Bankers Association reports that more than 10 percent of American mortgage holders were either late in payments or in foreclosure at the end of last year.

“Banks are busiest during lunchtimes, particularly on the Friday prior to bank holidays and just before closing time, ” says the British Bankers’ Association.