Ever wonder what goes into the rate the bank will give you on your mortgage?
It’s a whole lot more than your credit score, though that is an important attribute. Want to understand the whole story?
There’s a lot going on in the background and that has to do with more than just you. Mortgage rates fluctuate regularly based on factors such as the rate of inflation, the Fed decisions on bond buying, and how much mortgage backed securities are selling for.
Read through the infographic and leave your questions in the comments.