There are a variety of factors that affect mortgage rates. Mortgage rates are tied to the fed rate, but they are also affected by supply and demand. At a time that home sales are high, mortgage rates may creep up, while sluggish home sales may prompt financial institutions to cut mortgage rates. Because the majority [...]
Posts Tagged ‘Supply And Demand’
Current Mortgage Rates and How They Affect Home Sales
Posted by admin on December 26th, 2009
Posted in Articles 
Tags: Affect, Converse, Credit Scores, Current, Current Mortgage Rates, Economic Principles, Fed Rate, Financial Institutions, Fixed Rate Mortgages, home, Lending Institutions, Loan Application, Low Mortgage, Lower Mortgage, mortgage, Mortgage Mortgage, Mortgage Rate, Peo, President Of The United States, Prospective Home Buyer, rates, Rates Mortgage, S Market, Sales, Sub Prime Lending, Supply And Demand, They 
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