Delaware mortgage rates weekly update for the week of March 12, 2012, by John R. Thomas from Primary Residential Mortgage in Newark, Delaware. Call 302-703-0727 to schedule a free mortgage planning consultation or APPLY ONLINE NOW.
Delaware mortgage rate weekly update by John R. Thomas
Delaware mortgage rates started the week opening slightly lower after moving higher last week as the bond market sold off. The big report last week was the number of jobs created which was at 227,000 for February 2012. There was also a revision for December and January numbers which was an increase of 61,000 jobs. The unemployment rate held steady at 8.3%. The big news is the uncertainty coming out of Greece. Investors in Greek debt inked a deal that had investors forgiving 100 billion in debt. This is not a solution but more of a temporary band-aid.