As you shop for a new home, top of mind is how much home can I afford and what is it going to cost me. The interest rate you secure for a home mortgage is impacted by the Bond Market and the Federal Funds Rate.
So how does it work? And what does it mean when interest rates go up?
Mortgage broker Andy Tuttle of The Tuttle Group explains why home interest rates don’t always move in the same direction as the Federal Funds Rate. Watch the video now to learn more.