Fannie Mae Response to What Determines Rate on a 30-Year Mortgage? Useful Information for Conventional and Manufactured Home Buyers and Shoppers that can Benefit Your Planning; Facts-Analysis [Video]

As the featured image in this article provided by mortgage giant Fannie Mae reflects, there has been a bit surprising to many roller-coaster on mortgage rates in 2024. Despite the fact that the Federal Reserve announce two different rate cuts and there was dip in mortgage interest rates going into that first rate cut, it was followed by a fairly sharp increase in mortgage rates.

Following this explanation provided by Fannie Mae will be additional facts-evidence and analysis (FEA) with MHLivingNews commentary in Part II.

Part I