A neoconservative is one who recognizes three things: the merit of the free market in economics; the priority of politics over economics; and the primacy of morals over both. In the 1990s, this third characteristic is the most salient, and its primary target â secular humanism â is coming into ever sharper focus.
The first is how mortgage rates are determined, followed by the effect on mortgage rates by the U.S. Federal Reserve Bank. The only correct answer is mortgage bonds or mortgage-backed securities. Mortgage rates are not based on the 10-year Treasury Note.
The interest rate charged on a bond. is determined by both the general level of interest rates, which applies to all bonds and. financial investments, and the default premium specific to the entity issuing the bond. This chapter examines the determinants of both the general level of interest rates and the.