Delaware Mortgage Rates – February 23, 2009
February 23rd, 2009 by John Thomas
This is my daily advice on floating or locking your Delaware Mortgage Rate for Monday, February 23, 2009.
Stocks were lifted at the beginning of the day but sold off after bad news from GE, AIG, and CitiGroup. Mortgage backed securities traded in a tight range and finished the day almost unchanged. Bonds have still not benefited much from the stock market sell off.
I am recommending carefully floating but be prepared to lock. Bonds are sitting just below a tough layer of resistance which may be tough to push through. So FLOAT but be prepared to lock if bonds sell off to lock in gains.
If you need advice or help with a Delaware Mortgage Rate please call me at 302-368-7132 or e-mail me at DelawareMortgages@yahoo.com
If you are looking to buy a home in Delaware then you should register to attend our Home Buying Semianr on March 28, 2009. For complete list of seminars please visit www.DelawareMortgageLoans.net/seminars
John R. Thomas – Certified Mortgage Planner – Primary Residential Mortgage, Inc.
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