Geopolitics Have Mortgage Rates Poised To Change

Among the most challenging aspects of shopping for a mortgage is how rates change constantly. It's hard to pin them down.

For example, in 2011, mortgage rates have expired every 3-and-a-half hours, on average. That's fast.

There's two main catalysts for changing mortgage rates.

The first can be grouped as "scheduled events"; the planned release of market data which includes the Existing Home Sales report, or a scheduled government statement such as when the Federal Open Market Committee meets. When the outcomes of...

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Geopolitics Have Mortgage Rates Poised To Change