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.

The mortgage bonds are down again this morning and have broken through levels of support. Stocks are up some this morning which is pressuring bonds slightly lower. There is much economic news this week, the only thing affecting markets this week is a release of corporate earnings. If earnings come in better than expected than the stock market will continue its rally and this will force Mortgage Bonds lower and force Delaware Mortgage Rates higher. If earnings are worse than that could reverse the rally and allow Delaware Mortgage Rates to fall.

I recommend to float your Delaware Mortgage Rate, but be ready to lock if stock market rallies on news of Bank of America reporting better than expected earnings.

If you need help with a Delaware Home Loan in Newark, Delaware, Bear, Delaware, Wilmington, Delaware, New Castle, Delaware, Claymont, Delaware, Hockessin, Delaware, Middletown, Delaware, Dover, Delaware then give me (John Thomas) a call at 302-368-7132 or you can APPLY ONLINE HERE.

If you are a Delaware First Time Home Buyer then register for our First Time Home Buyer Seminar please visit www.DelawareMortgageLoans.net/seminars to register.

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