If you watched the Mortgage Rates recently, it has been very volatile. Sometimes, going up and down several times a day. Have you ever wondered what makes mortgage rates go up and down? Watch this clip which explains the dynamic between bonds and mortgage rates - in simple terms.
(Video created by Dustin Hughes and Nick Mallory, www.edgevolution.com and www.thelendingjournal.com)
I subscribe to live bond market movements and tweet about it. If you would like to be updated about live mortgage rates follow me on Twitter or get our Live Mortgage Rate Quote .
I couldn’t resist myself commenting to this one. I am mesmerized.From where you people get so much information and knowledge. It’s just really worth reading.