This is my daily advice on floating or locking your Delaware Mortgage Rate for Thursday November 20, 2008. The stock market sold off yesterday about 400 pts and the DOW closed down below 8,000. The projection for the economy is bad through-out 2009. Car makers are on capital hill begging for a bail out. Money… Continue Reading
Monthly Archives: November 2008
Delaware Mortgage Rates – November 19, 2008
This is my daily advice for floating or locking your Delaware Mortgage Rate for Wednesday November 19, 2008. Mortgage Backed Securities (MBS) have been trading in a tight range for the last week. We have been holding above the 200 day moving average this week which is a good level of support but we also haven’t been… Continue Reading
Delaware Mortgage Rates – Novmeber 14, 2008
This is my daily advice on floating or locking your Delaware Mortgage Rate for Friday November 14, 2008. The mortgage bond sold off yesterday as the stock market rallied and we saw profit taking in the bond closed down some 34 bps. Mortgage lenders re-priced for the worse at the end of the day. Oil… Continue Reading
Delaware Mortgage Rates – November 13, 2008
This is my daily advice on floating or locking your Delaware Mortgage for Thursday November 13, 2008. The mortgage bond market had a nice rally on Wednesday but has reached a tough resistance for moving any higher. We have opened slightly lower than yesterday’s going out level and stocks are rallying today which is moving… Continue Reading
Delaware Mortgage Rates – November 12, 2008
This is my daily advice on floating or locking your Delaware Mortgage Rate for Wednesday November 12, 2008. Mortgage bonds are trading higher this morning as stocks are down 300 points on bad retail reports and Circuit City closing 150 stores. Best Buy has also warned of falling profits on bad sales Oil price per… Continue Reading
First Time Home Buyer Seminar – November 22, 2008
There will be a Free Delaware First Time Home Buyer Seminar on Saturday November 22, 2008 at 10:00 AM. The seminar will last about 2 hours and each participate will be able to recieve a free copy of their tri-merge credit report. The seminar will cover all of the basics of buying a new home in… Continue Reading
Delaware Mortgage Rates – Wednesday November 5, 2008
This is my daily advice on floating or locking your Delaware Mortgage Rate for Wednesday November 5, 2008. We elected a new president yesterday. Barak Obama will be the 44th president of the United States of America. Mortgage Bonds had one of there best days ever jumping 122 bps yesterday in a very impressive rally. … Continue Reading
Delaware Mortgage Rates – November 4, 2008
This is my daily advice on floating or locking your Delaware Mortgage Rate for Tuesday November 4, 2008. It is election day and we will be picking a new president today. Will it be John McCain or Barak Obama? The mortgage bond is trading slightly up but has been in a narrow trading range for… Continue Reading