Devoted to interest rates, loans, and lending institutions

One of the big questions many ask is how mortgage rates are determined. Not just the rate you, personally, get in mortgage financing, but the rates used nationally to set the tone for local negotiation on mortgage interest rates. Here are some of the factors that affect mortgage interest rates in your area:

• 10 year Treasury rates (more important to mortgage interest rates than the Fed rate)
  
• Fed funds rate
• Local real estate market
• Local mortgage lending trends