Why Do Mortgage Rates Keep Going Up After The Fed Lowers Their Interest Rate?

Question by Neerdowellian | Posted in Renting & Real Estate

We're in the make available for a house, and it would seem that the lowering Fed rate would trickle down to the mortgage business. As contrasted with, those rates keep going UP! How do they expect people to help out the economy by buying homes when

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Answer: Mortgage rates are not driven by fed rates. They are driven by the cords market, which competes with mortgage backed securities for capital. Investors prerequisite to buy the mortgages from the originators, and the rates are determined by their pricing

 

How Will The Fed Rate Cut To 3.5% Affect Mortgage Rates?

Question by stylinauto | Posted in Personal Finance

Will the fed have a claim to cut bring mortgage rates down even further?Freddie Mac said the rate on a 30-year stationary-rate loan averaged 5.69 percent for the week ending Jan. 17, down from 5.87 percent last week.

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Answer: 10yr Moneys notes are what affect mortgage rates. Bond markets drive the mortgage affair. The Fed cut will instantly impact Home Equity Lines of Credence since those are based off prime. Look for mortgage rates to drop. But don't expect them to yield

 

Why Aren't Mortgage Rates Going Down Despite The Fed Rate Cut?

Question by Lepke | Posted in Renting & Real Estate

We would like to refinance our contemporaneous mortgage and I was hopeful that the result of the Fed rate cut would be a drop in the mortgage rates. However, it seems like mortgage rates only dropped by about 1/4 % time (I was hoping to go down to about

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Answer: Fed rates are only very runty term loans from one bank to another. 30 year mortgages are loaned based on big term data. What does the investor believe the inflation calculate will be over the next 7 to 10 years (the life of most loans before they

 

If Fed Cut Rates, Would Mortgage Rates Also Go Down?

Question by seafood10 | Posted in Renting & Real Estate

I recognize the mortgage rates is correlated to the 10 yrs note rate. But what about when u hear about fed cold rates. Does that also affect the mortgage rates? I heard on the news that the fed will cut more rates because of a fear in set-back. So if

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Answer: When the Fed cuts prime gait it has no directo correlation to mortgage rates. To go one step further, depending how the investors on be ruined street view the FEDS decision it could make rtes zigzag either way. Example, last time the Fed cut rates,

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How Will Another Rate Cut By The Fed Affect Mortgage Rates For The Near Term?

Question by rmcgeelsu | Posted in Investing

I'm looking to buy by Dec, are mortage rates prosperous down if the Fed cuts them today?

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Answer: If they cut, some of that should be passed through. I don't assume that rates are going to stay low for long though because credit will remain firmly in the market.

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