The Federal Reserve plays a crucial role in influencing mortgage rates, but the bond market has recently taken on a more prominent role in shaping interest rates for home loans. Despite the Fed’s reputation for being conservative and sometimes slow to react, the bond market’s more immediate responses have resulted in significant movements in mortgage rates.
Key points:
– Federal Reserve’s influence on mortgage rates
– Bond market’s impact on interest rates for home loans
– Bond market’s ability to quickly adjust to economic conditions
– Shift in focus towards bond market for monitoring mortgage rate trends
You can read this full article at: https://www.housingwire.com/articles/can-mortgage-rates-go-even-lower-2/(subscription required)
Note Servicing Center provides professional, fully compliant loan servicing for private mortgage investors so they can avoid the aggravation of servicing their own loans and just relax and get paid. Contact us today for more information.
