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Government Tries to Drive Down Mortgage Rates

Because investors are afraid to buy mortgage backed securities (MBS) or mortgage bonds, the Fed is using taxpayer money to buy large amounts of ...»

How Much of a Home Mortgage Can You Afford?

It seems that anyone who's still lucky enough to have a job can afford to buy a house these days. Thanks to low mortgage interest rates and ...»

How Are Mortgage Rates Set?

When you look at mortgage rates, do you ever wonder how they come up with the numbers? It isn't as mysterious as it seems. The Federal Open Market ...»

Mortgage Rates: A Mind of Their Own

In a move that's a departure from history, mortgage interest rates seem to be moving independently rather than in tandem with cuts of other ...»