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The '5 By 5' Mortgage Strategy

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If you visit any bank or call any mortgage broker and ask for the best mortgage rate they have, they will automatically give you the rate for the five year fixed rate home loan, even if you did not specify that kind of loan. ...


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http://www.flixya.com/post/vshbv/216669/The_'5_By_5'_Mortgage_Strategy

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The Complex World of Fed Rates and Mortgage Rates (Rielly Quoted) Fixed-rate mortgages aren't tied directly to Fed interest rates, says Ben Sharpe, senior loan officer at the Spokane Valley branch of Mountain West Bank. Rather, the performance of mortgage-backed securities is what really determines ...

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