What to Know: The Fed Funds Rate vs. Mortgage Rate
The overall economy and actions by the Federal Reserve have an indirect impact on mortgage interest rates. This explanation below from themortgagereports.com is helpful:
The federal funds rate or “fed funds rate” is what banks charge to lend money to one another overnight, and it ultimately affects consumer borrowing, too. The fed funds rate plus 3% generally equals the “prime rate” — which is the basis for setting rates on consumer credit lines like auto loans, credit cards, and home equity loans. “Not all interest rates are in lock-step with the fed funds rate (mortgage rates are not, for example), but they are all influenced by it.”
Mortgage interest rates are determined by many variables and are very difficult to forecast, especially with unprecedented events such as the Coronavirus. What is clear is that mortgage interest rates are extremely low and will likely stay low throughout the year. If you or your friends have any questions that we can answer, please don’t hesitate to call your local Advantage Lending Loan Officer.
🎁 Congratulations Artificial intelligence itself writes articles and places them on the web, and itself posts in wordpress. more details on the website https://cutt.us/iuu5L 🎁
cialis 5mg no perscription best price for daily cialis
stromectol online buy ivermectin online
ivermectin 3 mg stromectol tablets for humans
cialis super active vs professional tadalafil without a doctor’s prescription
tadalafil without a doctor’s prescription buy canadian drugs
https://drwithoutdoctorprescription.site/ sildenafil without a doctor’s prescription
prescription drugs online without doctor how to get prescription drugs without doctor
prescription meds without the prescriptions buy prescription drugs without doctor
cialis online europe tadalafil
canadian pharmacy sildenafil without a doctor’s prescription
viagra shop viagra 100mg price
https://sildenafilmg.com/ buying viagra online
viagra cost where to buy viagra online
https://sildenafilmg.shop/# best place to buy generic viagra online
buy real viagra online п»їviagra pills
viagra cost per pill viagra
https://sildenafilmg.shop/# cheap viagra online
buy real viagra online viagra coupons 75% off
sildenafil viagra without a doctor prescription usa
buy viagra online canada viagra amazon
viagra discount viagra amazon
doxycycline buy canada doxycycline 200 mg price in india
https://amoxilforsale.best/# where to buy amoxicillin
prednisone 475 50 mg prednisone tablet
where can i buy zithromax uk zithromax canadian pharmacy
amoxicillin 500mg over the counter amoxicillin 500 mg
cost of doxycycline doxycycline 100 mg capsule price
https://prednisoneforsale.store/# generic prednisone online
amoxicillin brand name buy amoxicillin online uk
metformin without prescription canada can you buy metformin without prescription
https://buymetformin.best/# metformin 1000 mg cost
metformin 1 mg 1700 mg metformin
lasix 40mg lasix side effects
https://buytadalafil.men/# buy tadalafil from india