Feb 19, 2009

SPAM EMAIL - Mortgages at refi monster .n et

From: "RefiMonster" - RefiMonster@leafpine.com - Received: from unknown (HELO leafpine.com) ([206.191.134.58]);


The Fed just made a cut! Didn't you hear the news? Mortgage rates are going to be rock bottom!!!

h tt p: // tree grape .co m/82 w vw thj go ir b2s li pv q

This is one of the biggest misconception made by the general public when the Federal Reserve makes a cut to the Banking rate.

It comes from the media. They portray these cuts as an immediate decrease in mortgage rates.

It's almost always not the case!!! This creates a lot of confusion in the average Americans mind.

These cuts are generally made to reduce inflation.

I bet you're wondering how this impacts you and where these cuts are transparent in your finances?

ht tp :// tree grape .co m/fq2 yd frt6 ff4 u ner tey q

You will see it in your day to day spending. Some common examples are when you go to the bank for a personal loan, auto loan, new or existing equity lines and credit cards.

This should help you understand why mortgage rates are not directly impacted by the Federal Reserve cutting the Banking rate.

Let's talk about how mortgage rates can decrease.

It has everything to do with the 10 year Treasury bond and how it is trading on Wall Street.

Interest rates are always low when Treasury bonds are low. All 30, 20, 15, and 10 year fixed rate mortgages are securitized to the bond market.

The lower the bond yield, the better the interest rate.

ht tp :// tree grape .c om/-p qfmq pe h0 ob 2y0 gj2 ta

This rule will not apply if the Federal Reserve counteracts the low yielding Treasury bonds with cuts in the Federal Banking rate.

To unsubscribe:

ht tp: // tree grape .co m/f my ipeju 6zg m0m 4w ty 2a

or
send mail to:
PO Box 025724
Miami, FL 33102 -5724


To stop receiving advertisements please follow this link, or write to the address below:

ht tp: // tree grape .co m/un su b/?i d= h mg gye sod yq-k vc bi

Customer Service
333 Mamaroneck Avenue
Suite 193
White Plains, NY 10605

No comments: