7 Key Forces Of Residential Mortgage Rates: Why You Need To Know Them Before Buying A Home
Mortgage rates aren’t set by the Fed, and waiting for them to drop without knowing what truly moves them could cost you. 1. Inflation Expectations Inflation is enemy number one for mortgage rates. When inflation rises, it erodes the real return investors get from mortgage-backed securities (MBS), so they demand higher yields. Higher yields = […]