Mortgage Rates are directly affected by the Bond Market and not by the Federal Reserve.
Click on the headlines to learn about it ...
Who wins, who loses in Fed's rate-cutting spree?
Smart mortgage strategies after Fed cut
Does the Federal Funds Rate Affect Mortgages? The short answer is: NO
Fed rate cut doesn't necessarily mean drop in fixed loan rates
Fed Move May Not Change Mortgage Rates
What the Fed Cut Means For Your Mortgage
Sources:
HSH Financial Publishers
