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.
Interest Rate of a Home Equity Line of Credit. The HELOC interest rate is determined by the average daily balance and the prime rate plus the margin designated by the bank or lender. Most banks and lenders give borrowers prime rate with zero margin, or even less than prime.