Relevant:
- Current Mortgage Rates: Mortgage Rates Currently Approaching an All Time Low
- Current Mortgage Rates 6/4: Mortgage Rates to Record 4.375%
- Mortgage Rate Spreads
- are subsidized mortgage rates coming?
- Mortgage Rates Hit 1-Year High; NAR Whines for Government (Taxpayer) Support of Fannie, Freddie; "*" the NAR
2012-10-31 — propublica.org
Mortgage rates are so low that it may seem like a great time to get a mortgage. For banks, however, it probably is the greatest time ever.
The profit margin on the rates that they can charge customers and the price they can earn for selling those mortgages to investors is at a record. This is measured as the "spread," or difference, between mortgage securities yields and mortgage rates.
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