Question

 What sets mortgage rates?

Answer Mortgage rates depend on the money supply, or "liquidity" of our economic system and rules set by organizations that guarantee mortgages. Each federally guaranteed lender offers different rates to ... Read More »
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Top Q&A For: What sets mortgage rates

Why Are Auto Rates Different Than Mortgage Rates?

Automobiles and real estate are two of the biggest purchases individuals can make. Some people assume they should have similar loan rates and conditions. However, rates differ not only between lend... Read More »
http://www.ehow.com/about_6571130_auto-rates-different-mortgage-rates_.html

What is the apr on mortgage rates?

In finance and lending, the term APR stands for annual percentage rate. This figure represents the sum of the periodic interest rates on your mortgage or other credit accounts.FunctionThe APR is di... Read More »
http://www.answerbag.com/q_view/1897707

Are mortgage rates going down more?

On One Hand: Thirty-Year AnalysisThe national average for a 30-year fixed mortgage is around 5 percent, according to BankRate. Based on 30-year historical trends, mortgage rates have never dipped t... Read More »
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What is 1 point regarding mortgage rates?

Mortgage points represent charges assessed at the closing of the mortgage that are charged by the lender. You must pay origination points while you can choose how many discount points to pay.CostOn... Read More »
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