Why do mortgage rates go UP when Feds cut rates? - Loan Modification - Free Foreclosure Help

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03-04-2008, 03:18 AM

Cutman

Junior Member

Join Date: Mar 2008

Posts: 1

Why do mortgage rates go UP when Feds cut rates?

When the Feds cut rates, short term debt like credit cards and HELOCs go down. But why do mortgage rates increase?

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