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How do mortgage interest rates change, and why?

April 26, 2017interest rates mortgage

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How do mortgage interest rates change, and why?

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Mortgage interest rates can change in response to flucuations in financial markets. Today, financial markets are more globally affected than any time in the past. As a result, mortgage interest rates can change daily, and in some cases, more than once each day. One of the best indicators of the general trend of mortgage interest rates are the 10 year and 30 year U.S. Bonds.