Mortgage Interest Rates moved about an 1/8% higher today as Lenders repriced for the worse as the stock market rallied for a 2nd straight day. When the market rallies, it moves money out of the bond market into the stock market causing rates on fixed investments such as Mortgage bonds to move higher.
Mortgage Rates have been at their all time lows ever and are still right there. Now is the time to refinance your mortgage or to purchase a home to take advantage of these record low interest rates. If you currently have a home loan with an interest rate of 5.5% or higher you should have a free analysis done to determine if refinancing makes sense for you. If you would like a free mortgage loan analysis, feel free to give me a call at 302-703-0727. You can also APPLY ONLINE for free.
You can also follow my daily mortgage interest advisory to see my daily advice on floating or locking your Mortgage Interest Rate.
If you are a First Time Home Buyer in Delaware, Maryland, or Pennyslvania you should consider attending one of our monthly Free First Time Home Buyer Seminars.
John R. Thomas – Certified Mortgage Planner – Primary Residential Mortgage, Inc.
42 Reads Way, New Castle, DE 19720
302-703-0727 DE Office / 610-906-3109 PA Office / 410-412-3319 MD Office
We are not the FHA, VA, USDA, HUD or any other government organization. The content on this blog is intended for information purposes only. 
