Delaware Mortgage Rates Weekly Update for the Week of February 6, 2012 from Primary Residential Mortgage's Branch Manager John R. Thomas. If you would like to have a free mortgage planning consultation call 302-703-0727 or APPLY ONLINE.
Delware Mortgage Rates Weekly Update by John R. Thomas
Mortgage rates in Delaware started off the week higher because the jobs report released last week came out much higher than anticipated which caused the stock market to rally. What is good for stocks is usually bad for bonds so mortgage backed securities had a steep sell off on Friday on the news which caused lenders to re-price for the worse.
I would recommend LOCKING your Delaware mortgage rate if you are closing in the next 1-30 days. If you are closing in more than 30 days you can float.
If you would like to apply for a Delaware home loan to purchase a home or refinance your current home loan then call 302-703-0727 or APPLY ONLINE.
John R. Thomas
Certified Mortgage Planner - NMLS 38783
Primary Residential Mortgage
248 E Chestnut Hill Rd
Newark, DE 19713
302-703-0727 Office
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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