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This is my daily advice for floating or locking your Delaware Mortgage Rate for Wednesday, February 25, 2009.

Mortgage Bonds opened up down this morning but are still trading in a tight range.  The stock market gave back much of the gains it experienced yesterday.  Obama’s speech didn’t do much to lift the markets this morning.

I am recommending floating for now if you didn’t lock in early in the week.  If the bond starts to move lower then I would lock in your rate.

If you need advice or help with a Delaware Mortgage Rate, please feel free to call me at 302-368-7132 or send an e-mail to DelawareMortgages@yahoo.com.

We are having a Delaware Home Buying Seminar on March 28, 2009 at 10:00 AM.  It is free to register so call me or e-mail me to register.

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

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