The thing about Lynch is that he steadfastly refuses to explain his movies. He expects the viewer to craft their own unique experience from the films. That being said, there are a lot of good "interpretations" of these two films out there. Just remember that all theories are "unofficial". They don't give u enough space here in the Answer section to fully answer your questions, but here are a couple of links:
This is probably the best take on "Mulholland Drive" I've seen, and most Lynch fans pretty much agree with it's conclusions:
link "Lost Highway" is a slipperier fish, so there are a few takes on it, but here are a couple of pages I've found useful:
link link Finally, u can find a lot of knowledgeable Lynch fans here:
link Read through the forums if u visit that last link. If u have questions, chances are someone's already started a topic on it.