Thanks for repeating that (was very lazy to reply).. Many out there don't even understand how these rates work... They think they do and just mouth-off and embarrass themselves ... and dats the fact!!!...

In fact, there is no real relationship between fund rates and mortgage rates (based on studies)... Sigh... What a joke...

Thanks

don't be surprise coz there are some econ grads and accountants (not all la of course), have little or no ideal how sovereign bond, mortgage, interests rate and central banking works together.

as a group (could be bias), those in hedge fund usually possess good knowledge on this thing.

I am not confused laa aiiyoo. The mortgage moves with the fed rates. The fed rates cant go any lower, that means the mortgage rates cant go any lower. Our mortgage rates moves with the OPR rate in Malaysia right? Same concept laa. Of course la morgage rates cant be 0.25%.

oh, if so. can u explain why US mortgage is up now even no changes in the fed rate?

And the only anticipation when fed at 0.25% is interest rate is going up coz it cant go down no more. Now the guessing game is how long will it be at 0.25% and how the market will react when they think fed will increase, dats it.

Aiyo....... Patient......
Every year u got to explain the same thing to different group of ppl mah........

a sure fire recipe in financial industry.

i mean recipe for immediate dismissal.

but can't be serious, we r not in the line and we r only laymen.

Oh because as i said the market expects that interest rate goin up after bernanke open his mouth and talk cock. Then this is where banks in the US reacting.

Man i work in the bank laa, bond yield went up after bernanke open his mouth two months ago. He said the tapering will start soon, it was a mistake but the damage was done. Banks react after that. That is why Malaysia is having the same effect, now banks in malaysia also expect a rate increase too. Because if Fed increase rates OPR just might follow too.

Because one thing Fed cant drop to 0% can they? So the only way to go is up.

LoL!!!! Don't waste your time explaining la, save your saliva... before the discussion heats up and moderator has to close down the topic... Fact is some just don't want to accept da fact dat they're wrong and da fact that they should read more before mouthing off...

But I'm surprised that some studies actually show a negative relationship ... i.e fed rates down, mortgage rates up... could be coincidence...

Sometimes can only explain to those with the potential to understand... If not why waste time... just ignore, walk away and then ROFLMAO!!!

Wutever laa, believe wutever u want. Wait 10 years more, then a house in taman maluri will be rm10,000 only.

WOW!!!! shooting in the dark...

WOW!! Shoot in the dark but hit the Bullseye!

Nice one... now the bull is dead, no more bull run

The lesson is... don't simply pandai pandai shoot in the dark la...

The stronger the wind is, the careful you need to be.

Do ur research, do ur Maths. U BBB, god bless you!

Hit the Bullseye again!

http://www.gobankingrates.com/mortgage-rat...-cincinnati-oh/


What Determines Cincinnati Mortgage Rates?
By Amanda Garcia • Posted in Mortgage Rates • August 12, 2013
Home > Mortgage Rates > What Determines Cincinnati Mortgage Rates?
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current mortgage rates in Cincinnati

As the national economy and housing market continue along the road to recovery, current and prospective homeowners may begin to wonder what exactly affects the current mortgage rates in Cincinnati. From actions and statements given by the Federal Reserve to national trends and averages of mortgage rates, there are numerous factors at play when it comes to Cincinnati mortgage rates.

The following is a comprehensive review for prospective Cincinnati homebuyers looking to get ahead on their next mortgage loan by understanding how current mortgage rates in Cincinnati are actually established.

The Federal Reserve and Cincinnati Mortgage Rates

When it comes to raising or lowering mortgage rates across the nation, the Federal Reserve has a lot of influence. Whenever the Fed raises or lowers its rates, it directly affects the supply and demand of mortgage loans; this is because Federal loans are, in fact, mortgage-backed securities, explained Jenny Zhang of Quicken Loans.

Essentially, Cincinnati mortgage rates will mirror the upward or downward trend of mortgage rates from the Fed, which in turn will encourage or discourage people to seek mortgage loans for homes in their area.

So when Chairman Ben Bernanke hints that the Federal Reserve could possibly raise interest rates for mortgage-backed securities in the future, homeowners paying Cincinnati mortgage rates should pay attention.
National Mortgage Rates vs. Current Mortgage Rates in Cincinnati

If Cincinnati mortgage rates are affected by actions of the Federal Reserve, then the national mortgage rate average can be a good barometer for local homeowners wondering if they’re paying too much in interest for a mortgage loan.

Currently, the U.S. average for 30-year fixed mortgage rates is 4.59% APR, up from 4.55% APR a month ago. Meanwhile, Cincinnati mortgage rates for 30-year fixed mortgage loans range from 4.17% APR to 4.78% APR, which means local homeowners might be paying a bit less interest overall than other parts of the country.

Keep in mind that, a year ago, the average U.S. mortgage rate for these loans was 3.88% APR, so there’s a possibility that current mortgage rates in Cincinnati could increase over the next few months if the national average continues to trend upward.

At the same time, the U.S. average for 15-year fixed mortgage rates is currently 3.68% APR, slightly up from 3.66% APR a month ago and up significantly from last year, when it was 3.15% APR. Meanwhile, Cincinnati mortgage rates for 15-year fixed mortgages range from 3.30% APR to 3.84% APR, with interest rates from some Cincinnati mortgage loans pacing a bit lower than the national average.

Read more: Factors Affecting Current Mortgage Rates in Cincinnati, OH
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Tertembak sendiri pulak... ROFLMAO!!!

There for all to see...I work in the Bank and deal with this thing laaa...I know my stuff.

I like to shoot in the dark but always hit the Bullseye.

Anyway, as I said before this situation is in the US and not Malaysia.