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

Market Update - 8/12/2008: Small window of a rate opportunity

Good Morning, It has been a very volatile morning in the market. Negative news from JPMorgan and the continuing fluctuations in oil prices pushed investors to pull out of the stock market and invest in bonds. We will see a slight improvement in mortgage interest rates today. Here’s the inside Dripp… Souring mortgage debt in the [...]

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Market Update 8/6/2008 – Mortgage Rates Rising Again

Good Morning, After yesterday’s Fed statement we are seeing mortgage interest rates increasing yet again today. It is an example of what goes down must go up. The inflationary concern is the primary reason for this. The bond market becomes less desirable, so investors dump them. Here’s the inside Dripp… Lenders began increasing mortgage rates [...]

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