Delaware Mortgage Rates weekly mortgage market update for the Week of October 6, 2014, by John R. Thomas with Primary Residential Mortgage, Inc. in Newark, Delaware. John Thomas is the Newark, Delaware Branch Manager and the author of the best selling book, Your Guide to Buying Your First Home in Delaware. Call 302-703-0727 to get a mortgage planning consultation or APPLY ONLINE for Delaware mortgage loan
Delaware Mortgage Rates ended the week about where they started but the trend has become bearish. If you look at the mortgage bond chart below you can see Mortgage Bonds sold off on Friday after the September Jobs Report was released on Friday and the Stock Market rallied. Recommend LOCKING your Delaware Mortgage Rate to start the week as the short term risk for mortgage rates to sell off and move interest rates higher.