This is my daily advice on Floating or Locking your Delaware Mortgage Rate for Friday, August 8, 2008.

We had some nice gains yesterday in the bond market which made mortgage rates improve significantly yesterday. The bond started off good this morning then gave back some ground as it bounced off the 25-day moving average.  It regained momentum and is adding to the gains from yesterday.  This means Delaware Mortgage rates are even better today than yesterday.  Hopefully, you took my advice yesterday and floated into today.

My advice is to continue FLOATING as we end the week with some very good improvement in rates. If you have something closing next week then you might want to consider locking in your gains at the end of the day today.

If you need advice on a Newark Delaware Mortgage Loan or help with your Newark Delaware Mortgage rate please give me a call at 302-368-7132 or send an e-mail to DelawareMortgages@yahoo.com.

If you have bad credit in Delaware then you probably should come to our Delaware Credit Repair Seminar tomorrow at 10:00 AM.  Please visit www.DelawareMortgageLoans.net/seminars for more information.

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