How are Mortgage Rates Calculated?
🤔 How are mortgage rates calculated? It’s not merely a factor of what the Fed does — it’s more closely connected to the 10-Year Treasury Yield.
🏡 Personal/home-specific factors matter as well: credit score, loan-to-value amount, how you plan to occupy the home, location, and loan type.
DM📥 me if you want to talk more about your loan options in this market!