Delaware Mortgage Rates Dip Down to end the week
January 5th, 2007 by John Thomas
Rates dipped down today because of the drop in the stock market today. The average rate on a 30 year mortgage dipped 0.1% down from the mid week high to 6.29%. Beware websites or TV ads quoting low rates. The rates quoted are based off factors that most people don’t quailfy for and may include points that are buying down the rate. Be sure to contact a mortgage professional that can explain how the mortgage rates change and how your choice of loan programs can affect your interest rate.
I am a Delaware native who has been actively involved in the Mortgage and Finanace industries for over 10 years