Delaware Mortgage Rates – December 10, 2008
December 10th, 2008 by John Thomas
This is my daily advice on floating or locking your Delaware Mortgage Rate for Wednesday December 10, 2008.
The stock market surged today on news of an auto bail out coming from capitol hill. The mortgage backed securities also surged today on expectations of the Feds buying mortgage backed securities. Rates have fallen to lowest level in 5 years.
My advice is to carefully Float but consider locking in the gains we got today. Rates are currently in the low 5s.
If you need advice or help obtaining a mortgage for a purchase or a refinance then call me at 302-368-7132 or send an e-mail to DelawareMortgages@yahoo.com
If you are a Delaware First Time Home buyer then you should register to attend our First Time Home Buyer Seminar on Satuday December 13, 2008 at 10:00 AM.
John R. Thomas – Certified Mortgage Planner – Primary Residential Mortgage
I am a Delaware native who has been actively involved in the Mortgage and Finanace industries for over 10 years. Call me at 302-703-0727