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

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 [...]

Continue reading...

Market Update - 8/22/2008: Inflation, Remortgaging and the Fannie and Freddie mess

Good Afternoon, For those of you who did not lock your interest rates yesterday and the day before, now you have to wait and see if they come back down again next week.  If you are seeking the best opportunities that become available you need to make decisions at the right time.  Right now the 10-year [...]

Continue reading...