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

Mortgage Update: A Fiscal Quarter for the Ages - 10/1/2009

Good Afternoon, Yesterday marked the end of the 3rd quarter, which can only be described as one of the most historic and volatile on record. While history will not treat this kindly, I trust we have all learned significant lessons. A key economic report from the Institute for Supply Management reflected its manufacturing index fell to [...]

Continue reading...

Morning Market Update - 8/28/2008: Mortgage rates dropped despite yesterday’s market news!

Good Morning, Yesterday’s bond market closed at around the same level as the previous day, which slightly helped mortgage rates late in the day. There are two reports due today that can affect the market as well. - A revision of the 2nd quarter Gross Domestic Product (GDP): Last month’s numbers will be revised and it [...]

Continue reading...