David Lukas's (dalukas) Blog

It never ceases to amaze me how there is so much mis-information in the media related to what drives interest rates on fixed-rate mortgages. Once again, a mis-informed writer leads the reader to believe that fixed rates mortgages are directly tied to the 10-year Treasury Note. The article below w...

The Federal Reserve cut the Fed Funds Rate on Oct. 31st. Many of my referral partners and clients called me recently after the fed cut rates asking me how this will affect mortgage rates. There are many misconceptions surrounding this issue. I will attempt to clarify..... Below is the definition ...