Sponsor
Home Buyer Help

Valid HTML 4.01!


Down Payment Assistance Programs
I need Down Payment Money.......

The Real Way to Monitor Rates

Straight Talk:

There is an easy and effective way to know where interest rates are going without adding a whole lot of confusion, hype or double speak to your life.

Us this link: Yahoo Finance

Now, find the Market Summary on the top left side of the page. The quick way to know where rates are going is simply following the 10 Year Bond index.

If the index is Positive for the day, rates are going up.
If the index is Negative for the day, rates are going down.

To know when it's moving, simply follow the money! You should follow this through your loan process so you have a better idea of whether you can get an improvement on your rate.

Log the index when you apply and watch it for when you're ready to lock. This will tell you all you need to know about the rate movement without having to do a whole lot of leg work or shopping around.

Why is this? Mortgages are bought and sold in the form of Mortgage Backed Debt Security Bonds. These bonds closely follow the 10 Year Treasury. In fact, Mortgage Securities have not followed the 10 Year Treasury Bond Movement only a handful of times over the last decade. This means, tracking rates is pretty accurate and easy following the bond market.


Home Buyer Education:
Protect Your Investment


Copyright Copyright Notice2003 - 2012 U.S. #TX0006199019 - All Rights Reserved
Privacy Policy/Terms of Use

Printer Friendly Page
Advertise
Refer Our Website
Credit Repair Techniques
Mortgage Calculators
Benefits to Mortgage Professionals
Benefits to Builders
Benefits to Realtors
Benefits to Sellers
Articles
Real Estate Terms
Home Buyer Education
First Time Home Buyer Grants
Charity Resources
Benefits To Home Buyers
Down Payment Assistance Home Page
Frequently Asked Questions
About
Find Local Professionals
MLS Search
line bar2
line bar3
line bar4
line bar5
line bar6
line bar7
DOWN PAYMENT SOLUTIONS™
line bar9
line bar10
line bar11
line bar12
line bar13
line bar14
line bar15
line bar16
line bar17
line bar18
MENU


Article:
Understanding Mortgage Terms

bookmark this page

Link To Us - Your Link is why we are found in the search engines! Please Support Our Site



Down Payment Solutions
Find Success

Other Important Links for down payment assistance and first time home buyers:

Home Buyer Grants By State:
Alabama - Alaska - Arizona - Arkansas - California - Colorado - Connecticut - Delaware - Florida - Georgia - Hawaii - Idaho - Illinois - Indiana - Iowa - Kansas - Kentucky - Louisiana - Maine - Maryland - Massachusetts - Michigan - Minnesota - Mississippi - Missouri - Montana - Nebraska - Nevada - New Hampshire - New Jersey - New Mexico - New York - North Carolina - North Dakota - Ohio - Oklahoma - Oregon - Pennsylvania - Rhode Island - South Carolina - South Dakota - Tennessee - Texas - Utah - Vermont - Virginia - Washington - DC - West Virginia - Wisconsin - Wyoming