Maryland Mortgage Rates Weekly Update for September 29, 2014

Maryland Mortgage Rates Weekly Market Update for the Week of September 29, 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 were able to stabilize and then move lower last week after several weeks of moving higher.  If you look at the mortgage bond chart below you can see that mortgage bonds were able to rally higher off support last week.  Mortgage bonds halted the rally at a ceiling of resistance but with the uncertain overseas, may be able to break through the ceiling and continue move higher this week, therefore we are recommending FLOATING your Maryland Mortgage Rate to start the week.

bondchart09-26-14

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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