How Does the Federal Reserve Affect Mortgage Rates in the U.S.?

Alongside economic growth, inflation, and a few other things, the Federal Reserve is just one of the many factors that can influence mortgage rates in the U.S. However, one thing that should be clarified from the start of this post, is that the Federal Reserve do not control mortgage rates.  Who Makes or Sets the … Read more

Are Mortgage Rates Going to Stay Low During the Coronavirus Outbreak?

Understandably, so many people in America right now have real concerns over managing their finances. With the growing presence of COVID-19, comes growing anxiety. In this post, we look at what the markets and industry-professionals are saying about the future of mortgage rates and answer the questions that are at the forefront of people’s minds … Read more

Will mortgage rates go down again in 2020?

Due to the outbreak of the coronavirus, financial markets across the globe have been shaken. While nobody truly knows the full force of the impact yet, one surprisingly promising piece of news is that mortgage rates seem to be on the move.  Following the reduction in interest rates being announced by the Federal Reserve earlier … Read more

What does a 0% rate of interest mean for your mortgage?

News of the Federal Reserve’s decision to cut its target interest rate to a near-zero rate has torn through the media. This bold and decisive action has been taken in a bid to support the economy in light of the developing coronavirus pandemic.  For many, the actions that have been taken, were done so quickly, … Read more