(302) 703-0727

(302) 703-0727

Delaware Mortgage Rates Update for Week of December 5, 2011

John Thomas December 6, 2011 Tags: , , ,

Delaware Mortgage Rates Update for the Week of December 5, 2011


Delaware mortgage rates have stayed at all time low levels for the past two weeks as the bond market has been held up by a level of support in anticipation of the Federal Reserve starting QE3 in the first quarter of 2012. QE3 would be the Federal Reserve purchasing mortgage-backed securities in the hopes of keeping mortgage rates near historic lows.

I am recommending locking your Delaware mortgage rate if closing in the next 7-10 business days. If you are closing in the next 30-60 days you can float interest rate. If you need to apply for a Delaware mortgage loan for the purchase or refinance of a home in Delaware, PA or Maryland call us at 302-703-0727 or APPLY ONLINE.

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.

Related Posts

  • DSHA Diamond DPA Program
  • Mortgage Rates
  • mortgage rates
  • Mortgage rates