(302) 703-0727

(302) 703-0727

Delaware Mortgage Rates – September 4, 2008

John Thomas September 4, 2008

This is my daily advice on floating or locking your Delaware Mortgage Rate for Thursday, September 4, 2008.

Jobless Claims came in worse which is good news for mortgage bonds.  Mortgage Backed Securities are trading much higher today and have broken through the 200 days moving average.  If you have been floating then you will see better rates today than yesterday. There could be some profit taking but if close above 200 days moving average today and again tomorrow that would be very significant because that would set a new floor of support at the 200 days moving average.

My advice is to FLOAT your Delaware Mortgage Rate for Thursday, September 4, 2008.

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

About John Thomas

John Thomas and his team are long-time Delaware natives. They know the local real estate market as well as they know the loan products that help them serve it. Dedicated to helping first-time buyers; the John Thomas Team are experts on first-time buyer loan programs (FHA, VA, USDA) and conduct monthly first-time buyer seminars that have been attended by more than 3000 Delaware buyers.