Blogging About Loans: The Law of Mortgage Interest Rates

An office of elite mortgage lending professionals with a common interest and goal focused on providing customer service that exceeds expectation. Thereby building our business from repeat and referral opportunities. Ruth Vogt. LMB 100023827. NMLS 257576. Regulated by the Division of Real Estate. Fairway Independent Mortgage is an Equal Housing Opportunity.

The Law of Mortgage Interest Rates

If the law of gravity is, "What goes up must come down", then the law of mortgage interest rates has to be, "What comes down must go up". No one can argue that rates have recently been the lowest we've seen for a long, long time. And we knew it wasn't going to last forever, but somehow we got lulled into a false sense of "low rate security". Even though the recent incline has been slight thus far, experts are suspecting rates will continue to rise. But no one is sure how long or how fast they'll go up.

Why the expectation of a rate increase? Because last Thursday was the last day since 2009 the Fed would be buying mortgage backed securities. If this is all "mortgage mumbo jumbo" to you, listen to this brief video from MSS to help you get a better understanding of why mortgage rates are so volatile.

Opinions expressed here are the sole responsibility of the author, and do not necessarily reflect the view of Fairway Independent Mortgage.

Ruth Vogt Colorado Mortgage Lender Ruth Vogt, Sales Manager

 #LMB100023827, NMLSR# 257576

 Equal Housing Opportunity. 

 Regulated by the Division of Real Estate.  303-881-7849.


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Comment balloon 8 commentsRuth Vogt • April 03 2010 07:03PM


Thanks for posting this, Ruth, and, I am going to reblog it.  I understood about one tenth of it, but I kinda get the idea.  Does't look to promising in the long term.

Posted by Jane Peters, Los Angeles real estate concierge services (Home Jane Realty) almost 9 years ago

Hi Ruth ~ I watched the video on Jane's reblog. Excellent information. Great video. Nicely put together for a lay person like myself to understand. I watch Bloomberg and sometimes find their analyses go over my head. This video didn't. It broke it down nicely and was very helpful.



Posted by Denise Hamlin, Broker/Owner, Helping Happy Clients Make Smart Choices (Cardinal Realty ~ 319-400-0268) almost 9 years ago

Hi Ruth, What a great video, nicely explained in simple terms.  If I were a buyer, I would try to get out there now, rather than wait and see what happens later!

Posted by Mary Douglas, REALTOR, Red Feather Lakes, Colorado (United Country Ponderosa Realty, Red Feather Lakes, Colorado) almost 9 years ago

Ruth ~ that is great information.  I am not looking forward to the rates going up.  We are having enough difficulties currently.

Posted by Dawn A Fabiszak, The Dawn of a New Real Estate Experience! (Private Label Realty ( Denver metro area, Colorado) almost 9 years ago

Hi Ruth, this is the news we heard in our office from our in-house mortgage professional. It's easy to understand which is the way it should be. No "fluff!" Thanks for posting this :)

Posted by Jackie Connelly-Fornuff, "Moving at The Speed of YOU!" (Douglas Elliman Real Estate in Babylon NY) almost 9 years ago

Ruth - I really like your take on the "what goes up..." quote.  Thanks for sharing the information.

Posted by Jill Schmidt almost 9 years ago

Jane, thanks so much for the reblog, otherwise I would not have had the opportunity to hear from Denise!

Denise, I'm in the mortgage business and I have to admit most of what "the experts" say goes over my head, too! (I think that's what they want to be honest, that way you don't know if they are right or wrong!) ha!

Mary, especially first time home buyers... the clock is ticking on the HO credit!

Posted by Ruth Vogt, 719-592-0855 Apply 24/7 (Fairway Independent Mortgage, LLS. Equal Housing Opportunity. Regulated by the Division of Real Estate.) almost 9 years ago

Dawn, you are SO right!

Jackie, glad to hear that your in house lender is active in keeping you updates. That's not always the case.

Jill, I'm going to be in your office mid Monday... maybe we can hook up???

Posted by Ruth Vogt, 719-592-0855 Apply 24/7 (Fairway Independent Mortgage, LLS. Equal Housing Opportunity. Regulated by the Division of Real Estate.) almost 9 years ago