Hello Neil, loctite blue must be used on its own away from grease, having said that if you clean out all the threads first with solvent to give a completely dry base, then apply loctite both to the male and female threads, when this cures completely 24hrs it will totally seal out any moisture anyway thus preventing any further corrosion, of which if you wish you could then apply a small amount of clear lacquer over the complete joint to give complete protection, secondly if you are going to be removing the rack frequently you could use the copper grease in conjunction with nylock's if there is room on the frame without fouling any other parts.
How old is the bike, The reason I ask is thorn now use stainless steel braze ons for mudguards and racks and the rear dropouts (rohloff) are cast stainless. The screws should also be stainless steel grade A2 which is 304 stainless it should have A2 stamped on it.