TRES 3 20 The Truth about the FED and Mortgage Rates! TheREsource.tv

November 15, 2019

TRES 3 20 The Truth about the FED and Mortgage Rates! TheREsource.tv. How Much Does A Mortgage Broker Earn- The Truth!

TRES 3 20 The Truth about the FED and Mortgage Rates! TheREsource.tv video duration 4 Minute(s) 7 Second(s), published by TheResourceTV on 25 03 2017 - 23:02:20.

See the full story here: http://www.theresource.tv/archives/real-estate/truth-fed-mortgage-rates/ Get TheREsource.tv's videos for free: http://www.TheREsource.tv Securitization Reports: Certified Forensic Loan Auditors, LLC (Forensic & Bloomberg Audits etc
- The Best in the Business) .

http://www.LegendReverseMortgage.com Mark Hammond explains The Truth About Costs and Your Obligations with a reverse mortgage! For more information On October 17, 2017 OSFI, the Office of the Superintendant of Financial Institutions announced changes to the way that uninsured borrowers would have to http://www.onlinewithjohn.com – How Much Does A Mortgage Broker Earn? So you just asked how much does a mortgage broker earn
A mortgage broker gets .

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SUMMARY:


So the fed raised rates a .25 of point but why didn’t mortgage rates increase? That’s a great question! First thing first. The Fed raised the ‘Federal Funds Rate’ a .25 of point. Key word being the ‘Federal Funds rate’ not mortgage rates. The Fed Funds rates being increased affects short term rates like car loans, credit cards and the prime rate but not your FHA, VA or Conv 30 year mortgage. Matter of fact the day the Fed raised the Fed Funds Rate a .25 – long term mortgage rates improved, slightly. So the media and other ill informed sources will tell you mortgage rates went from 4.0 to 4.25 because the Feds raised rates a .25 point. Not true, actually on that day rates improved slightly for an entirely different reason. Again, not much. For example mortgage rates really didn’t move a whole lot but if you were paying 1 point to obtain a 4.0% mortgage now it cost, say, only .5 point. Well the Fed does exert an influence on today's mortgage rates. After its scheduled meetings, the Fed Committee issues a press release to the public which highlights the group's economic opinions and consensus. When the Fed Committee’s post-meeting press release is \

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