As we're all aware, there are lots of big problems going on right now on Wall Street with huge companies like AIG and Lehman Brothers.  As Wall Street works it's way to correcting it's problems, what does this mean to you and interest rates?  In theory, as the stock market goes down, bond prices then go up.  When bond prices go up, typically mortgage rates will go down.  So when the Dow Jones dropped 500+ points the other day, rates were down very low (5.5% to 5.75%).  So as the Dow goes back up, so will rates to a certain extent.  If you really want to get a full grasp on how rates move up and down, visit the Daily Rate Lock Advisory page on my website.  This offers up the why, when and how the rates go up as well as some insight and suggestions to you the consumer.  Also, if you want an up to date current rate for you and your particular situation, let me know.  I have several lenders that I work hand in hand with and do a great job, that would be happy to help.  Have a great day!