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.
In keeping with SBA rules, participating lenders set their interest rates based on the prime rate plus a markup rate known as the spread. If your loan is more than $50,000 and the term is shorter than seven years, your rate is based on the prime rate with a maximum spread of 2.25 percentage points.