Premiere Mortgage Services Inc. - Dana Bain


Over the past 45 years, interest rates on the 30-year fixed-rate mortgage have ranged from as high as 18.63% in 1981 to as low as 3.31% in 2012. 


Good economic news tends to be bad for mortgage rates because a strong economy raises fears about inflation. Inflation causes fixed-income investments such as bonds to lose value, and that causes their yields to rise. ... Mortgage rates generally track the same path as long-term bond yields.


Please see the Daily Rate Lock Advisory


&   Weekly Mortgage Market News Letter Dana Bain

Posted by Robin Bain on October 5th, 2018 4:51 PM


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