Happy New Year Delaware!!!
January 1st, 2007 by John Thomas
Mortgage Rates are looking to start to move upward as the stock market will look to open with strong momentum. Mortgage rates typically move with the stock market. If the stock market rallys then rates tend to rise, If the stock market drops then rates tend to drop. That is a good general way to understand how rates change.
I am a Delaware native who has been actively involved in the Mortgage and Finanace industries for over 10 years