This is my daily advice on floating or locking your Delaware Mortgage for Thursday, November 13, 2008.

The mortgage bond market had a nice rally on Wednesday but has reached a tough resistance for moving any higher. We have opened slightly lower than yesterday’s going out level and stocks are rallying today which is moving money out of bonds into stocks and we are also seeing some profit-taking.

My recommendation is to LOCK your Delaware Mortgage Rate for Thursday, November 13, 2008.  You want to lock in your rate if you are closing in the next 2 weeks as it is going to be tough in the short term to break above this tough resistance for the bond.

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

If you are a Wilmington Delaware First Time Home Buyer then you should register to attend one of our monthly First Time Home Buyer Seminars. We are having one on Saturday, November 22, 2008, at 10:00 AM at Primary Residential Mortgage in Newark, Saturday, December 13, 2008, at 10:00 at Season’s Pizza in Wilmington, and Tuesday, November 16, 2008, at 6:30 PM at Seasons Pizza in Wilmington. Please call me at 302-368-7132 to register or send an e-mail to DelawareMortgages@yahoo.com

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