Delaware Mortgage Rate Update 2007
Delaware Mortgage Rate Rally – Happy New Year!!
Delaware Mortgage Rate are looking to start to move upward as the stock market will look to open with strong momentum. Mortgage rates typically move with the stock market. If the stock market rallys then mortgage interest rates tend to rise. If the stock market drops then mortgage rates tend to drop. That is a good general way to understand how mortgage interest rates change. For the Lowest Delaware Mortgage Rate call 302-703-0727 to speak with a Delaware Mortgage Loan Officer with Primary Residential Mortgage located in Newark Delaware.
It is very important that you work with a local mortgage lender when you are looking to refinance a home in Delaware or looking to purchase a home in Delaware. You want to work with a Delaware Mortgage Loan Officer that is license through the National Mortgage Licensing System (NMLS). You should look up the mortgage loan officer to make sure they are currently licensed and are licensed to provide mortgage loans in Delaware.
If you are looking to purchase a home then you will want to get pre-approved for a Delaware mortgage loan prior to shopping for a home so that you will know how much you can borrower and most importantly what will be the monthly mortgage payment. The mortgage payment will be greatly influenced by the mortgage rate that you lock in with your mortgage lender.
Once you are pre-approved for a mortgage and have your maximum purchase price, you will want to contact a licensed Delaware real estate agent to represent you as a Buyer Agent. The buyer agent will negotiate for you and work closely with your Delaware Loan Officer.
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