Posted 3/30/2020 22:41 (#8152810 - in reply to #8152739) Subject: RE: Farmland Mortgage Refinance Interest Rates
NW Indiana
When the fed buys bonds it drives the rates lower, when they sell it makes rates increase. Bonds and treasuries rates have been declining while mortgage interest rates have held up a bit on demand. I'm sure someone like zenfarm could find a chart from 2009 showing bonds/treasury rates vs mortgage rates and you will see it is better to wait for the demand to settle so the banks become more competitive.
Farmland Mortgage Refinance Interest Rates
