Delaware Mortgage Loans

This is my daily advice on floating or locking your Delaware mortgage rate for Tuesday August 19, 2008.
The release of the Producer Price Index (PPI) today came out really high.  It rose 1.2% for July 2008 which is more than double expectations.  The Core PPI for the year is at a 3.5%, which is the highest since […]

This is my daily advice on whether to float or lock your Delaware Mortgage Rate for Friday August 15, 2008.
We ended the day up yesterday and the report that will move market today was the consumer sentiment report.  It is expected to come in at 62.0.  Last month’s reading was 61.2.  You can see how […]

This is my daily advice on whether to lock or float your Delaware Mortgage Rate for Thrusday, August 14, 2008.
The CPI report came out today worse than expected at 0.1% higher.  This caused an initial reaction for mortgage backed securities to trade lower but they again tested a very strong resistance at 99.15 and have […]

This is my daily advice on floating or locking your Delaware Mortgage Rate for August 13, 2008.
The stock market is trading lower today after disappointing Retail Sales Report was released this morning.  There isn’t much economic news today to swing the market either way.  The bonds are trading better than yesterday and technically are trading […]

This is my daily advice on Floating or Locking your Delaware Mortgage Rate for Friday August 8, 2008.
We had some nice gains yesterday in the bond market which made mortgage rates improve significantly yesterday.  The bond started off good this morning then gave back some ground as it bounced off the 25 day moving average.  It […]

This is my daily advice on Locking or Floating your Delaware Mortgage Rate for Thrusday August 7, 2008.
The mortgage rates have risen dramatically this week because of the Fed Meeting on Tuesday and the report of a huge loss at Freddie Mac.  If you haven’t already locked your Delaware mortgage rate, then your best bet […]

This is my daily advice on floating or locking your Delaware Mortgage Rate for your Delaware Home Loan.
The bond market is getting beaten back from the 25 day moving average.  Bonds are trading lower today as stocks rally ahead of Feds decision.   The outlook for the rest of the week is gloomy for Mortgage Bonds.  […]

This is my daily advice on floating or locking your Delaware Mortgage Rate for August 4, 2008.
The Core PCE (Personal Consumption Expediture) was up 0.3% which is greater than the consensus of 0.2%.  This is mortgage market unfriendly news along with income up 0.1% which consensus had at -0.2%.  This income factor was affected by […]

Your Daily Advice on whether to float or lock your Delaware Mortgage Rate for your Delaware Home Loan for July 28, 2008.
Mortgage Backed Securities (MBS) are techinically looking for a rebound this week and have started off the day up. There isn’t much scheduled news this week to move the Bond Market so the technicals […]

Here are the daily thoughts on floating or locking your Delaware Mortgage Rate for today.
The bond market is rallying today and looks to continue that rally.  Lenders will probably even reprice Delaware Mortgage Rates for the better at some point today.
My advice is to keep floating your Delware Mortgage Rate into tomorrow.  If you lender doesn’t […]