Delaware mortgage rates for Thursday December 1, 2011
The mortgage backed security market has been volatile all week with the jobs report looming tomorrow. With this in mind I am recommending locking any loans closing in the next few days to few weeks as we could see a short term sell off in bonds if we get the anticipated good news from the jobs report. Longer term I see mortgage rates still staying low with the crisis in Europe continuing with no quick fix in sight as well as talk of the Federal Reserve implementing a second round of quantitative easing called QE3 in the first quarter of 2012.
So I am recommending LOCKING your Delaware Mortgage Rate for today ahead of the jobs report tomorrow.
If you need help with obtaining a Delaware home loan for the purpose of purchasing a new home or refinancing your existing home, feel free to call us at 302-703-0727 or you can APPLY ONLINE.
John R. Thomas
Certified Mortgage Planner - NMLS 38783
Primary Residential Mortgage
248 E Chestnut Hill Rd
Newark, DE 19713
www.DelawareMortgageLoans.net
As a Certified Mortgage Planner, I help people achieve their dreams and goals by assisting them in designing financial strategies that work for each client to accomplish financial freedom.
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