When the fed lowers their rate, how exactly does this affect mortgage rates?
May 15th, 2009
Franklin asked:
is there a ripple effect? is there a conversion formula? is the affect on mortgage rates delayed? if so, by how much time?
Allen
is there a ripple effect? is there a conversion formula? is the affect on mortgage rates delayed? if so, by how much time?
Allen
Filed under: Renting & Real Estate | Tags: Conversion Formula, Mortgage Rates
May 15th, 2009 23:23:17
acermill
May 18, 2009
The fed rate affects such things as credit card interest rates if at all mortgage rates if at all mortgage rates are much more reliant on the fed rate barely touches mortgage rates of tbills.