Interest Rates – How are they Determined?

Are interest rates heading up or down? Look at the stock market to help determine where Interest Rates are going.

In this video I interview James Clark of NationStar Mortgage. Some of the key points he discusses regarding interest rates:

  • Interest rates change every 15 minutes.
  • Look at the stock market.
  • Work with your lender closely to stay informed.
  • Interest rates correspond with the bond market.
  • Stock market drops–interest rates drop.
  • Be sure you are working with a lender that stays on top of the current market.
  • Work with a lender that you can trust and will work closely with you.

If you are thinking about purchasing a home, I would be happy to sit down with you for a free consultation. Give me a call or text 916-865-8759.

Your RealtorĀ®,

Pam McCoy

Visit my Coldwell Banker website for more information on buying and selling a home.

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