What gives with Interest rates?

[Alex_angel]

The feds ahve been killing the fed rate down yet mortgage rates over the entire time have stayed level or have gone up. Now with a 2.25% rate the mortgage rates have to come down but it seems the banks are content on not competing with each other and trying to secure as much money as they can for themselves.

[zzz]

Yield curve….which is no longer inverted for one. Mortgage rates – long term, say 15yr or 30yr fixed are tied to longer term treasury prices – the 10yr treasury price which is determined by bond traders.

See article: http://biz.yahoo.com/cnnm/080318/031408_ratecut_mortgages.html

[zzz]

Yield curve….which is no longer inverted for one. Mortgage rates – long term, say 15yr or 30yr fixed are tied to longer term treasury prices – the 10yr treasury price which is determined by bond traders.

See article: http://biz.yahoo.com/cnnm/080318/031408_ratecut_mortgages.html

[zzz]

Yield curve….which is no longer inverted for one. Mortgage rates – long term, say 15yr or 30yr fixed are tied to longer term treasury prices – the 10yr treasury price which is determined by bond traders.

See article: http://biz.yahoo.com/cnnm/080318/031408_ratecut_mortgages.html

[zzz]

Yield curve….which is no longer inverted for one. Mortgage rates – long term, say 15yr or 30yr fixed are tied to longer term treasury prices – the 10yr treasury price which is determined by bond traders.

See article: http://biz.yahoo.com/cnnm/080318/031408_ratecut_mortgages.html

[zzz]

Yield curve….which is no longer inverted for one. Mortgage rates – long term, say 15yr or 30yr fixed are tied to longer term treasury prices – the 10yr treasury price which is determined by bond traders.

See article: http://biz.yahoo.com/cnnm/080318/031408_ratecut_mortgages.html

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