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?