Plain answers on down payment help, investor loans, self-employed income and what moves mortgage rates. Written by Robert Shamie, with every source named and dated.
Questions about your own situation? Call 732-686-9999
Pick a topic, or see every article.
Fidelity Residential · NMLS #103098 · Equal Housing Lender
Mortgage rates follow the bond market more than the Fed. How mortgage-backed securities, the 10-year Treasury and the spread between them set the rates lenders offer.
Read the articleThe Fed sets a short-term rate between banks, not mortgage rates. How its decisions and its holdings of mortgage bonds reach the rate on a home loan.
Read the articleGet a quote, or talk it through with a licensed loan officer.
This page is general information, not a commitment to lend. Programs, terms and eligibility depend on credit, income, property and underwriting review and are subject to change without notice.