(302) 703-0727

(302) 703-0727

Delaware Mortgage Rates – Update July 15, 2008

John Thomas July 15, 2008

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 moved up this morning to test resistance at the 50-day moving average. They have bounced down from this resistance as stocks recovered from earlier losses. The news today showed the PPI (Producer Price Index) coming in higher than expected but core PPI came in lower than expected. Retail sales came in lower than expected.

The 200-day moving average has been trying to act as support but technically hasn’t become one yet. I would recommend floating your Delaware Mortgage Rate into tomorrow.

If you need help obtaining a Delaware Home Loan or need advice on your current Delaware Mortgage Rate, you can APPLY ONLINE HERE, you can call John Thomas at 302-703-0727.

We still have room left for our Delaware First Time Home Buyer Seminar on July 26, 2008, please visit www.DelawareMortgageLoans.net/seminars for more information.

I can help you with a mortgage rate in Wilmington, Delaware in Newark, Delaware, in New Castle, Delaware, in Bear, Delaware, in Middletown, Delaware, Dover, Delaware, Smyrna, Delaware, Milford, Delaware, Hockessin, Delaware, Pike Creek Delaware, Claymont, Delaware

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.