-
Understanding the Intricate Dance of Mortgage Rates: Stock Market, Mortgage-Backed Securities, and Bonds
The world of finance is a complex web of interconnected elements, all influencing one another in myriad ways. One such intricate relationship exists between the stock market, Mortgage Backed Securities (MBS), and mortgage…
-
Mortgage Rates to Improve as CPI Data Points to Positive Economic Outlook
Mortgage rates have improved as the Consumer Price Index (CPI) data points to a positive economic outlook. The CPI data shows that inflation is low and wages are increasing, which is good news…
-
Refinancing at a Higher Rate and Consolidating Debt: A Smart Strategy to Reduce Monthly Payments
As counterintuitive as it may seem, refinancing at a higher rate and consolidating debt can be a great option for borrowers looking to lower their monthly payments. While a higher interest rate may…