This is my daily advice on whether to float or lock your Delaware Mortgage Rate for August 1, 2008.

The jobs loss claims came in better than expected today 52,000 claims versus projections of 72,000.  This is unfriendly news for Delaware mortgage rates which initially caused bonds to move slightly lower.  As the traders have digested the news, the bonds have turned direction and have moved higher.

I am recommending FLOATING your Delaware Mortgage Rate for today, but be in contact with your mortgage professional because today could be volatile and the bond could reverse direction and you would want to lock in your mortgage rate.

If you need help with a New Castle Delaware Mortgage Rate for the purchase or refinance of a home, then feel free to call me (John Thomas) at 302-703-0727 or send an e-mail to DelawareMortgages@yahoo.com

If you are New Castle Delaware First Time Home Buyer then sign up for our First Time Home Buyer Seminar on August 23, 2008, at 10:00 AM.  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