Mortgage rate fluctuations are based on changes in the prices of mortgage backed securities, also known as mortgage bonds. There are many economic factors that influence the prices of mortgage backed securities. For more information, please download the article titled “What are interest rates based on?” under the Noble Tools > Documents section of this site.
Viewed 338 Times 0 Comments Date : 01.04.2008
Was this answer helpful ? Yes (0) / No (0)