FED has little ability to influence long bond rate.

It is determined by market.

FED can only influence short term rate that has little to do with the mortgage rate.

FED will keep rate stable this year for their hands are tight up.

If you only have 4 weeks left to close, then shop the best rate you can find and lock it in. I doubt the mortgage rate will drop any time soon.

But you should ask around the mortgage companies to see what they see the trend.

所有跟帖： 

• Naive Qs: which factors can influence the mortgage rate -kitten- ♀ (68 bytes) () 07/22/2008 postreply 15:43:08

• Naive answer: -Wisdom101- ♂ (52 bytes) () 07/22/2008 postreply 16:47:42

• mtg rates mimic long bond rate trend -山高月小- ♂ (577 bytes) () 07/22/2008 postreply 16:54:28

• I agree your first part analysis, but -Wisdom101- ♂ (464 bytes) () 07/22/2008 postreply 19:16:28

• Guess you and I talk about two diffent things. -山高月小- ♂ (169 bytes) () 07/22/2008 postreply 20:30:54

• Which bond you are taling about? -wisdom101- ♂ (734 bytes) () 07/23/2008 postreply 05:11:37

• Do those agencies have faith in the bond market if -山高月小- ♂ (78 bytes) () 07/23/2008 postreply 07:00:55