Monday, March 05, 2012

How Pump Prices Should Pump Up Mortgage Rates

Dan Green's latest Daily Mortgage Report is warning homebuyers that interests rates are beginning to follow their tendency to tag along with the international oil market.

"When oil prices rise, they tend to take mortgage rates with them." he writes, "We've seen it time and again throughout history. The link is a natural one, too -- it's tied to inflation."

No comments:

Post a Comment