Mortgage Rates Too High? (Blame the Fed, Wall Street and Your Neighbor.)

Mortgage Rates Too High? (Blame the Fed, Wall Street and Your Neighbor.)

The New York Times - Business:

Lenders use several bits of data to set mortgage rates, including trading moves by investors. Without market volatility, the rate could be under 7 percent.

This post first appeared in The New York Times - Business. Read the original article.