Here are the daily thoughts on floating or locking your Delaware Mortgage Rate.

As always – consult your favorite mortgage professional who will be able to offer the best advice for YOUR unique situation.

Mortgage Bonds have moved lower this morning after the Core Price Index (CPI) came out worse than expected. This is bad news because this is a measure of inflation and this shows inflation is going to be a concern among bond investors and the Feds.

Technically Bonds are bouncing off the 50-day and 200-day moving average and are forming a bearish signal for bonds. In the short term, we will probably see Mortgage rates head higher for the rest of this week and possibly into next week.

My advice is to lock in your Delaware Mortgage Rate now.

If you need advice on finding a Delaware Home Loan in Newark, Delaware, Wilmington, Delaware, New Castle, Delaware, Bear, Delaware, Dover, Delaware, Middletown, Delaware, Claymont, Delaware, Hockessin, Delaware, Greenville, Delaware, Lewes, Delaware, Rehobeth, Delaware, Smyrna, Delaware or anywhere in between feel free to give me (John Thomas) a call at 302-703-0727 or you can APPLY ONLINE HERE.

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