Why are some bank's mortgage rates higher?

Answer Banks often quote different mortgage interest rates to borrowers. The difference in rates may be a result of something called "yield spread premium" or "risk adjusted" interest rates.Yield Spread P... Read More »

Top Q&A For: Why are some bank's mortgage rates higher

Are mortgage centers better than banks for the best rates?

On One Hand: Mortgage Centers Can Access Multiple LendersMortgage centers can access many lenders and compare rates and terms for their customers, but they do charge a percentage for their time and... Read More »

When do banks adjust mortgage rates?

Mortgage financing grants entry into real estate. Mortgage interest rates affect housing demand because most homebuyers lack the resources to pay cash. Familiarize yourself with interest rate trend... Read More »

Why does comcast raise their rates all the time why don't they be like direct tv etc and just have a set price that doesn't keep getting higher and higher?

It's not Patrick Dempsey in the commercial. That's why the actor is so blurry and out of focus. It's a lame attempt by Direct TV to make you think they have a celebrity endorsement.

How Do Banks Set Rates?

Banks profit by leverage, or making loans at higher interest rates than the interest payments made on their own debt, which includes federal funds. Banks borrow federal funds from each other to mee... Read More »