Understanding Mortgage Rates | dripp inc | Home Equity | Refinancing and Remortgage Guide

BIG week of economic reports

I hope you had a great weekend. Last week we saw mortgage rates increase by almost .375%, which was an extreme reaction to the prior week’s economic reports. This week will be chock full of new economic reports, all of which are relevant to interest rates in the mortgage market. Keep your e-mail constantly open [...]

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Lock today!

This is a very important market update for everyone in the process of or is thinking about refinancing. Today’s mortgage interest rates WILL be going up. The 10-year bond is already up to 3.80 today following this morning’s unexpectedly positive jobless claims report and the resilience of durable goods. I am expecting numerous pricing changes [...]

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