The dramatic plunge in rates of interest in the last 10 months as a result of international development concerns, Federal Reserve policy changes, and danger aversion happens to be one of several principal market tales and it has captured the eye of investors and policymakers alike.
But another element, undiscussed and hidden towards the typical investor, is also an important culprit: your mortgage.
The usa mortgage marketplace is unique
The usa is exclusive in providing mass market, long-term, fixed price, and zero or low prepayment penalty mortgages for house purchase. Continue reading