How/Who sets interest rates? (fixed rates, mortgage, rate, financing)

[Dopo]

Can somebody please explain me who and how are interest rates set?

[gbone]

Originally Posted by Dopo

Can somebody please explain me who and how are interest rates set?

The following link gives a fairly good explanation of what affects various interest rates and how they are set:

Interest Rate Primer - How Interest Rates Are Determined and How You Are Affected by Interest Rates

[Daddys///M3]

Originally Posted by gbone

The following link gives a fairly good explanation of what affects various interest rates and how they are set:

Interest Rate Primer - How Interest Rates Are Determined and How You Are Affected by Interest Rates

That article is inaccurate with regards to agency fixed rates. Agency fixed rates are determined by mortgage bonds.

Federal Reserve Rate Cuts - Fed Rate Cut Affect on Mortgages - How Mortgage Rates are Determined

[Dopo]

Thanks