This is my daily advice on floating or locking your Delaware Mortgage Rate for Thursday, February 12, 2009.

The mortgage bond is at a tough point of resistance after several days of gains. Rates are again at a pretty good low point. Mortgage bonds appear to be getting ready to bounce down off the resistance.  This means reprices for the worse could happen later today.

The market is very crazy right now. The economic stimulus bill has finally been worked out by Congress and should be voted on first by the house tomorrow and later by the Senate.

My recommendation for today is to lock in your Delaware Mortgage Rate before the rates move higher with lender re-prices.

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

I can offer you advice and loans for Delaware FHA loans, Delaware Veterans Administration (VA) loans, Delaware USDA Rural Housing loans, and much more.

If you are a First Time Home Buyer then you should register for our Free Delaware First Time Home Buyer Seminar on Saturday, February 21, 2009, at 10:00 AM. Call 302-368-7132 to register or send me 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