Are Today’s Interest Rates For Mortgages Still Attractive?

Are Today’s Interest Rates For Mortgages Still Attractive?

Are today’s interest rates on mortgages still attractive? The Freddie Mac survey differs from Bankrate’s by showing the interest rates over the past two decades. Though rates are now higher than a decade ago, they are still attractive compared to pre-financial crisis levels, according to Ace Watanasuparp, national director of strategic sales at Citizens Bank….

How the Bond Market Affects Mortgage Rates
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How the Bond Market Affects Mortgage Rates

In this article, we’ll discuss the current state of the bond market and how it affects mortgage rates. We’ll also discuss the effects of the recession on mortgage rates, and how APR is calculated. Hopefully, you’ll find this information useful. If you’re looking to purchase a home, now may be a good time to consider…