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

Bond Prices

I wanted to inform everyone that rates are on their way up again as the stock market becomes more attractive to investors. Corporate earnings were higher than expected, hence, investors take their investments out of the bond market and throw them into stocks. “Wall Street rallied Wednesday after better-than-expected quarterly results from JPMorgan Chase & Co. [...]

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Rates should not be moving today…

We are headed into a week filled with pertinent reports that can affect mortgage interest rates. While there are seven relevant economic reports expected, there are only three that are worth informing you of. The first report was already released this morning by the Commerce Department. March’s Retail Sales data, which measures consumer spending, [...]

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