Why The Federal Reserve Does Not Control Mortgage Rates
When it comes to mortgage rates, you might assume the Federal Reserve holds all the cards, but that’s not entirely accurate. While the Fed does impact certain interest rates, the connection to mortgage rates is more nuanced. Understanding the intricate interplay of various factors influencing mortgage rates can provide valuable insights into why the Federal Reserve’s control over them is not as direct as commonly perceived. Stay tuned to uncover the complexities behind this often-misunderstood relationship. Historical Relationship Between Fed Rates and Mortgage Rates Historically, mortgage rates haven’t always moved in direct correlation with Federal Reserve rates. While the Federal…