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Mortgage Rate Weekly Update for Delaware Mortgages February 20 2012

By
Mortgage and Lending with Primary Residential Mortgage Inc. NMLS 38783

Delaware mortgage rate update for the week of February 20, 2012 from Primary Residential Mortgage's branch manager John R. Thomas.   John is the author of the book Your Guide to Buying Your First Home in Delaware.  Call 302-703-0727 for a free mortgage planning consultation or APPLY ONLINE.

Delaware mortgage rates weekly update by John R. Thomas

Delaware mortgage interest rates started the week of February 20, 2012 higher as we saw a slew of good economic news being released and a hotter than expected CPI at 0.4%.  CPI is a measure of inflation so higher inflation is bad for mortgage rates.

My advice is to LOCK your Delaware mortgage rate if you are closing in the next 30 days as short term interest rates appear to be moving higher.

The next Free First Time Home Buyer Seminar is Saturday March 17, 2012 in Newark, Delaware at the Christiana Hilton Hotel from 10 AM till Noon and again from 1 PM till 3 PM.   Call 302-703-0727 to register or register online at Delaware Home Buyer Seminar

John R. Thomas
Certified Mortgage Planner - NMLS 38783
Primary Residential Mortgage
248 E Chestnut Hill Rd
Newark, DE 19713
302-703-0727 Office
www.DelawareMortgageLoans.net