Mortgage Rates

Section One - How Are Mortgage Rates Set?

How are mortgage rates determined?

 

Section Two - Mortgage Rates and Risk

How does risk affect mortgage rates?

 

Section Three - Shopping Mortgage Rates

What to look for when comparing mortgage rates.

 

Section Four - Why Are Loans Sold

Why will your mortgage loan be sold to a new lender?

 

Section Five - Mortgage Backed Securities

Information on mortgage backed securities.

 

Section Six - Bond Prices and Yield

How do bond prices affect the rate?

 

Section Seven - Basis Points

What are basis points?

 

Section Six - Effects of Fed Rate Cuts

What happens to the economy when the Federal Reserve Cuts Rates?

 

Section Seven - Effects of Fed Rate Increases

What happens to the economy when the Federal Reserve Increases Rates?

 

Section Eight - Locking Your Rate

What is a Rate Lock and what does it mean?