What should we be looking for as an indicator or rising rates? by KavehMassoudian from Austin, Texas. May 26th 2011
check out my blog posts as I have extensive information regarding your question.
Good afternoon,rates fluctuate based on the conditions of the Mortagage Backed Securities, and the MBS market typically follows the US Treasury bond markets. Well, if there are weak economic signs(exampled toady bad GDP and jobless claims #s) then that can cause a flight to quality, or people buying bonds, driving the bond rates down (price of bond goes up the yield or rate goes down) and the same happens for mortgage rates. Hope this helps- feel free to call me with further questions or email me directlySonny BakerBedrock Lending512.968.9966sonny@bedrocklending.com
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