| Don't confuse the Fed rate with what the banks charge. While they follow each other, Lenders adjust to remain competitive. They use their risk assessment, based on product, tied into their liquidity. You will see bank A have lower 30 yr. because they have more room... then, bank B may have great 5 or 7 rates because of lower risk and churn. I agree the rates need to adjust a little to stimulate the market in 2019, shut down or not, money can not stop flowing.... simple economics. |
