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

Mortgage Rate Update: More Interest Rate Drops Today!!! - 9/3/2008

Good Afternoon, Today is an incredible day to jump into to considering refinancing!  The 10-year bond yield is down again and it has helped to lower mortgage interest rates for the third straight day.  How much lower can they go in our current distressed market?  Will they creep back up? Here’s the inside Dripp… Factory Orders for July [...]

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Morning Mortgage Rate Update: Interest Rate Volatility is high! - 9/3/2008

Good Morning, Yesterday’s outstanding 10-year bond performance helped to lower mortgage interest rates again. Three factors caused this type of strength in the bond market. ISM reported that manufacturing sector of our economy is contracting and that inflationary pressures have been declining. Sometimes it’s just that simple, but will this continue throughout the day today and [...]

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