Delaware - Dover
20 E. Division Street,
Dover, DE 19901
Ed Rexroth Jr. joins the team at Embrace as a Branch Manager from On Q Financial. He grew up and lives in Dover, Delaware, and is an active member of his community. He’s an LCD Class of 2020 Chamber of Commerce member, and a member of the American Legion. Ed has been active in the Mortgage industry for 24 years and is familiar with the markets in Middletown, Smyrna, Little Creek, Magnolia, Felton, Harrington, Camden, Wyoming, and Pearson’s Corner, just to name a few. He is a loyal and hardworking originator who always seeks to fit his clients with the best mortgage program for their specific circumstances and financial goals.
His loving family includes his beautiful wife Debra who’s very supportive of his career, three wonderful daughters — Alison, Grace, and Aubrey — and their dog Percy. In his free time, Ed likes to stay active. He enjoys golfing, bowling, and softball, and his daughters also keep him pretty busy. His idea of the perfect day would be a sunny day spent out on the water with his whole family.
Home Purchases Dip, as Mortgage Rates and Prices Rise
Homebuyers took a break last week, as rates rose and prices continued their upward climb. According to the Mortgage Bankers Association, applications to purchase a home were down 3% from a week ago, marking the second consecutive week of declines. This happened as the average 30-year mortgage rate rose — from 3.17% to 3.18% —…Read More