This is my daily advice on floating or locking your Delaware Mortgage Rate for Monday, October 20, 2008.

The mortgage-backed securities had three days of being in the green which means the bonds improved in pricing. Improvement in the bond means home loan rates go down. The market has started off this morning in the green as well.  There wasn’t much news this weekend which was good news for the Bond Market. We are looking for a slow and steady rise in the bonds over the next couple of weeks so rates so improve as well.

My advice is to FLOAT your Delaware Mortgage Rate for Monday October 20, 2008.

If you need help or advice with your Wilmington Delaware Mortgage Rate, please feel free to call me at 302-368-7132 or send an e-mail to DelawareMortgages@yahoo.com.

I can help you with a Delaware USDA Rural Housing Loan, Delaware FHA Loan, Delaware VA Loan, Delaware Conventional Loan, and Delaware Commercial Loans. I can get you the best program and rate that fit your unique financial situation.

If you are a Delaware First Time Home Buyer call me to see how you can get $7,500 from the Government to buy a home this year.

If you would like to apply for a Mortgage Loan, you can APPLY ONLINE HERE, you can call John Thomas at 302-703-0727.

John R. Thomas – NMLS 38783

Certified Mortgage Planner – Primary Residential Mortgage, Inc.

302-703-0727 DE Office / 610-906-3109 PA Office / 410-412-3319 MD Office

248 E Chestnut Hill Rd, Newark, DE 19713