Delaware Mortgage Rates – October 20, 2008
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.