Stock and Bond Market Supports Steady Interest Rates

Posted by Erin Lee on Saturday, January 23rd, 2016 at 5:13pm.

With uncertainly around the globe, the unstable stock market may have you wondering about the possibility of rising interest rates. It's interesting to note, however, that as global market instability rises, bond support typically rises as well. Greater support for the bond market often leads to more stability in interest rates. Contrary to what you may have heard about early 2016 rate increases, interest rates continue to hover around the 3.75-4.0% mark, so it's still a great time to lock in a low rate, and own a home at the beach!

If you're contemplating a new home in Delaware's beach areas this year, please consider giving one of our preferred lenders a call, and getting pre-approved. With a pre-approval at the ready, you'll be in a great position to negotiate lower prices and more favorable terms when you find the home of your dreams at

Atlantic Bay Mortgage: Pete Green, Sr. Mortgage Banker | NMLS #173121, 19264 Miller Road Rehoboth Beach, DE, 19971 Work Phone 302.227.5522 Mobile Phone 302.227.5522 Email

Caliber Home Loans: Cheri Maloney, Production Assistant, NMLS # 455178, 51 Greentree Drive Dover, DE 19904 Work Phone: 302.401.4006 Mobile Phone 302.242.8850 Email

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