How are interest rates determined? They are determined by three forces. The first is the Federal Reserve, which sets the fed funds rate.1 That affects short-term and variable interest rates.2 The second is investor demand for U.S. Treasury notes and bonds.3 That affects long-term and fixed interest rates. The third force is the banking industry. It offers loans and mortgages...

• calendar_month October 2, 2023
• category Real Estate Tips
• post Federal Funds Rate, Interest Rates, Mortgage rates, Mortgages