The intricacies of mortgage rates and what causes them to fluctuate can be difficult to keep up with.

As you know, everything is interrelated, from movement in bonds to the state of the economy, global events and the U.S. government. RISMedia broke down the details here, taking a deeper dive into which factors play the largest roles when it comes changing mortgage rates.

Brokers and agents, how do you best explain mortgage rates to potential homebuyers? Share below or on Facebook or Twitter at @ASmarterERA.

 

Image via RisMedia