Tag: interest rate
Interest rates & Inflation
What causes mortgage rates to go up or down? How come one day 30-year fixed rates are 6.00% and the next they’re 6.125%? For many people the vision of a boardroom full of cigar smoking bankers comes to mind when contemplating this question. Or, many believe that the Federal Reserve Bank holds ultimate control with [...]
Posted: May 13th, 2008 under Economics & Interest Rates, General Mortgage Info., Housing & Real Estate, Rate Update.
Tags: inflation, interest rate
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