Delaware Mortgage Rates – October 15, 2008
This is my daily advice on floating or locking your Delaware Mortgage Rate for Wednesday, October 15, 2008
The stock market is selling off again this morning. Mortgage Bonds opened lower than they closed yesterday and rallied pre-market but have since sold off when reports of inflation came out. Inflation came in higher than expected. Oil is also down again this morning trading around $75 a barrel. Retail Sales report also came in worse than expected today.
My advice is to LOCK your Delaware Mortgage Rate as the sky is still falling. There is not stopping this climb in rates so lock in now.