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

Market Update (part 2) - 8/14/2008: Rates surprisingly remain low, but for how long?

Good Afternoon, We have another chance to take advantage of mortgage interest rates today because of the strength the 10-year bond this morning. The general “rule-of-thumb” that higher inflationary levels cause a sell-off in bonds is not in play today. Take advantage of this unexpected lack of reason, because it is in your [...]

Continue reading...

Market Update - 8/13/2008: To Lock or Not to Lock, that is the Dilemma

Good Afternoon, This morning’s Retail Sales Report fell short from analyst expectations. This is good news for mortgage rates and we should see an improvement today. However the expected CPI tomorrow can take this away very quickly, so lock your loans. If you are really feeling frisky, you can wait until tomorrow. Here’s the inside [...]

Continue reading...