Mortgage rate drop uk
When bond prices go up, there is a corresponding drop in treasury yields. Treasury yields interest rates and mortgage rates are intimately linked, when one goes up, so does the other. The best time to get a fixed home mortgage loan is when treasury yields are low. No, you can't get a that new 0% mortgage rate you heard about! It doesn't exist. That's the Fed Funds Rate. It applies to overnight loans between the biggest financial institutions in the US. If