< 1 Minute Read
I am the author of this blog and also a top-producing Loan Officer and CEO of InstaMortgage Inc, the fastest-growing mortgage company in America. All the advice is based on my experience of helping thousands of homebuyers and homeowners. We are a mortgage company and will help you with all your mortgage needs. Unlike lead generation websites, we do not sell your information to multiple lenders or third-party companies.
If you have kept an eye on the mortgage rates recently, you’ll know that they have been very volatile. Sometimes, they go up and down several times a day. Have you ever wondered what makes mortgage rates go up and down? Watch this clip which explains the dynamic between bonds and mortgage rates – in simple terms.
(Video created by Dustin Hughes and Nick Mallory, www.edgevolution.com and www.thelendingjournal.com)
I subscribe to live bond market movements and tweet about it. If you would like to be updated about live mortgage rates follow me on Twitter or get our Live Mortgage Rate Quote .
You May Also Like:
- 66
Since there are many reasons a homeowner may choose to refinance, we'll take a look at the four most common. 1. Mortgage Rates Drop: Typically, the most common reason that homeowners refinance their mortgage is to secure a lower interest rate. Interest rate and loan amount determines the total cost… - 65
Mortgage rates jumped massively by 0.25% on Friday after a stronger-than-anticipated jobs report caused carnage to mortgage bonds and, consequently, mortgage rates. In fact, the lowest rate of the year so far was the day before the Fed funds rate cut. And that brings to me a fairly complicated and… - 63
Since the Fed rate cut, mortgage rates have increased in four of the last five weeks. MortgageNewsDaily.com's (MND) daily rate survey shows that the 30-year Fixed mortgage rate is back to 7%, the highest level in four months. Take a look at the image above. Mortgage Banker's Association (MBA) also…
