How are mortgage rates determined?

Most people don't know how mortgage rates are determined.

Take a look at this article.

http://www.cnbc.com/id/29780977/for/cnbc/


Remember; war, unemployment, and a shrinking economic environment cause the fed to lower rates, but for every action there is an equal and opposite reaction. Rising interest rates will come and they will be a polar opposite to the environment we have now. Can you live with an 8% mortgage, no, then make the correct move today.