Maryland Mortgage Rates Weekly Update for October 6, 2014

Maryland Mortgage Rates Weekly Market Update for the Week of October 6, 2014 from John R. Thomas with Primary Residential Mortgage in Towson, Maryland.  John is the author of the book, Your Guide to Purchasing Your First Home in Maryland.  Call 410-412-3319 to get a free mortgage planning consultation or APPLY ONLINE for Maryland mortgage loan.

Maryland Mortgage Rates remain at the lows of the year but face severe head winds as the stock market rallied on Friday after better than expect Jobs Report.  If you look at the mortgage bond chart below you can mortgage bonds were on a roller coaster rider last week and ended the week on short term trend of moving lower.  With the stock market rallying and bonds sitting at the high for the year, we are recommending LOCKING your Maryland Mortgage Rate to start the week.

Bondchart10-04-2014

APPLY ONLINE today to be pre-approved for a mortgage to buy your first home in Maryland. Primary Residential Mortgage is an approved lender for the Maryland CDA Program

John R. Thomas
Loan Officer – FHA, VA & USDA Specialist – NMLS – 38783
Primary Residential Mortgage, Inc. – Baltimore Maryland Mortgage Company
1220A E Joppa Rd
Towson, MD 21286
410-412-3319 MD Office
302-703-0727 DE Office
610-906-3109 PA Office
http://www.PrimaryResidentialMortgage.info

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