mortgage rate 10 years

The question I asked, in reference to Massachusetts mortgage rates, is what drives them. My clients are amazed that it is not the fed. If the Fed makes a move, they can be one sentence called "Fed Funds Rate" or "Discount Rate". "Both are very short-term rates that impact credit cards, home equity lines of credit, auto loans and the like. On the day of the Fed move, Mortgage rates actually tend to move in the opposite direction as the Fed changes. This is due to the dynamics within the financial markets in response to inflation.

Massachusetts Mortgage evaluated actually bonds when the market to buy bonds to help drive the 30-year mortgage is lower. It is a double edge sword for many people, they want the stock market due to good, but they want interest rates to drop. Most of the time, when the Dow is so you are the interest rates. And if he is improving after interest.

So next time you are looking for mortgages in Massachusetts, that your mortgage person actually knows what is driving prices, and how everything works. If they do not explain how Mortgage Bonds and interest rates are moving in real time and warn you before a costly intra-day price change, you speak with someone who has read the newspaper yesterday, and probably not a professional with whom entrust your mortgage financing. Would you use a broker, the only able to paper yesterday to tell you how a stock traded yesterday, but had no idea what the movement looks like at the present time and what market conditions could lead to changes in the near future?

If you work with me, you take advantage of dynamic resource Global Home Mortgage has to offer. By providing loans to multiply options and lead you through the entire mortgage process, I will ensure your complete satisfaction. Our detailed analysis of the lenders, loan options and your unique position to guarantee the most competitive rate. For information, see http://www.chrishills.net or http://activerain.com/blogs/chrishills