This is my daily advice on floating or locking your Delaware Mortgage Rate for Tuesday, March 17, 2009.

The stock market closed up today over 150 points. The mortgage-backed securities closed up 6 basis points as the bond market waited for what the Federal Reserve will say tomorrow after their meeting. The federal reserve will be discussing if they will continue buying mortgage-backed securities after June and if they will start buying Treasuries. This should help to keep rates low.

I recommend FLOATING your Delaware Mortgage Rate into tomorrow’s meeting.

If you need advice or help with a Delaware Home Loan to refinance or purchase a home then feel free to call me at 302-703-0727 or send an e-mail to DelawareMortgages@yahoo.com

I can help you with a Delaware FHA loan, Delaware VA loan, Delaware USDA Rural Housing Loan, Delaware Investor Loans, and Delaware 203k rehab loans.

If you are looking to buy a home then you should register to attend our Home Buyer Seminar on March 28th at 10:00 AM. Please call 302-703-0727 to register or send an e-mail to DelawareMortgages@yahoo.com

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