How the stock market moves mortgage rates.... - 04/07/09 10:28 PM
 
The general rule of thumb when watching mortgage interest rates is as follows –
Good news for the economy causes the stock market to rise and interest rates to rise.
In the most simplistic of analogies - Bad news for the economy causes investors to pull money out of the stock market and into the safe haven of treasuries, causing mortgage interest rates to fall.
This is how it always used to be. In this economic climate no rules seem to apply but trends still remain typically somewhat the same. The stock market rally of the past few weeks has … (3 comments)

 
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