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This is my advice on floating or locking your Delaware Mortgage Rate for Wednesday September 3, 2008.

There isn’t much scheduled news to be released today.  Bonds started off trading lower but have recovered to be even with the close from yesterday.  Oil is continuing its downward spiral as it trades lower on stronger dollar and fear of demand easing.  Stocks are trying to move higher but are stalled.

I am recommending FLOATING your Delaware Mortgage Rate as we continue to stay above the 100 day moving average.   If you are closing in the next week then stay alert as there could be a short term pull back in bonds.

If you need help with a Wilmington Delaware Mortgage Rate then give me a call at 302-368-7132 or send me an e-mail to DelawareMortgages@yahoo.com.

John R. Thomas - Certified Mortgage Planner - Primary Residential Mortgage, Inc.

One Response to “Delaware Mortgage Rates - September 3, 2008”

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