What Drives Mortgage Rates?

The movement of mortgage rates is a mystery to some, and partially understood by others.  Ultimately, there are a myriad of moving parts.

Here are six of the major factors that contribute to driving mortgage rates.  Thanks to our friend Michael Poland, a great mortgage Banker at PHH Home Loans, and Vantage Production, LLC for supplying the infographic.

Want to know more?  Thinking of buying a home?  Don't hesitate to send us an email or give us a call, and we'll be happy to help.

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