Mortgage rates are influenced by a combination of market forces, government policy, and investor demand. At Ensure Lending, we want to help you make informed financial decisions based on real-world knowledge—not just teaser rates.
While the Federal Reserve doesn’t set mortgage rates directly, it plays a key role in influencing them. Changes to the federal funds rate—what banks charge each other for overnight loans—can ripple through the economy. When the Fed raises or lowers this rate, borrowing costs for lenders shift, affecting loan rates, including mortgages.
Mortgage rates often move in tandem with the performance of long-term U.S. Treasury bonds, particularly the 10-year and 30-year notes. When bond yields rise—usually in response to expectations of inflation or strong economic growth—mortgage rates tend to increase as well. When yields fall, mortgage rates generally decline.
Lenders assess a variety of factors to determine your mortgage rate. These include your credit score, debt-to-income ratio, loan-to-value ratio, and the type of loan you select—such as fixed or adjustable, or whether it’s a conventional, FHA, or VA loan. Lower risk profiles typically result in better rates.
Every borrower’s situation is unique, and rates can change daily. Contact one of our experienced Ensure Lending Loan Officers to get accurate, lockable rate information based on your goals.
Ensure Lending is an Equal Housing Lender. As prohibited by federal law, we do not engage in business practices that discriminate on the basis of race, color, religion, national origin, sex, marital status, age, because all or part of your income may be derived from any public assistance program, or because you have, in good faith, exercised any right under the Consumer Credit Protection Act. Disclaimer: Programs subject to change without notice. All borrowers must qualify per program guidelines
NMLS# 2000000
1805069
