This is my daily advice on floating or locking your Delaware Mortgage Rate for Tuesday, September 2, 2008.

Stocks have rallied today on the news that Oil prices have retreated to below $110 a barrel on news of hurricane Gustav not doing very much damage. The rally in stocks has taken some money out of bonds but the rallied stalled on the news that ISM report came out weaker than expected.  This is moving money back into bonds and we could see a nice bounce back in the mortgage-backed securities. For more information on the ISM report visit http://biz.yahoo.com/ap/080902/economy.html

My advice is to FLOAT your Delaware Mortgage Rate for Tuesday September 2, 2008.

If you need help with a Newark Delaware Mortgage Rate, then call me at 302-368-7132 or send an e-mail to DelawareMortgages@yahoo.com. I can find you the best rate for a Delaware FHA Loan, Delaware VA loan, Delaware USDA Loan, or a Delaware Conventional Loan.

If you are a Newark Delaware First Time Home Buyer then you should sign up to attend one of our monthly Delaware First Time Home Buyer Seminars by visiting www.DelawareMortgageLoans.net/seminars.

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