Tag Delaware Loan Officer

Tag Delaware Loan Officer

Mortgage Rates Weekly Update for March 30, 2015

John Thomas March 30, 2015 Tags: , , , , , ,

Mortgage Rates weekly market update for the Week of March 30, 2015, by John R. Thomas with Primary Residential Mortgage, Inc. in Newark, Delaware. John Thomas is the Branch Manager, a Loan Officer and the author of the best selling book, Your Guide to Buying Your First Home in Delaware.  Call 302-703-0727 for a Rate Quote or Apply Online for Rate Quote

Mortgage Rates moved higher last week after a sell-off in the stock and bond markets on Wednesday and again on Thursday.  If you look at the mortgage bond chart below you can see the trend had been for mortgage bonds to move higher and interest rates to move lower but the trend was reversed on Wednesday as bonds sold off into Friday causing mortgage interest rates to move higher. Keep Reading...

Mortgage Rates Weekly Update for March 23, 2015

John Thomas March 23, 2015 Tags: , , , , ,
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Mortgage Rates weekly market update for the Week of March 23, 2015, by John R. Thomas with Primary Residential Mortgage, Inc. in Newark, Delaware. John Thomas is the Branch Manager and the author of the best selling book, Your Guide to Buying Your First Home in Delaware.  Call 302-703-0727 for a Rate Quote or Apply Online for Rate Quote

Mortgage Rates were able to rebound higher last week after the Federal Reserve Meeting boosted stocks and bonds higher.  If you look at the mortgage bond chart below you will see the big green candle on Wednesday which was the giant rally in the bond market after the Federal Reserve released the minutes from their meeting.  Bonds were able to close above the 50 days moving average on Friday which will add support to bonds so we are recommending FLOATING your Mortgage Rate to start the week to see if bonds can build on this rally. Keep Reading...

Is Your Delaware Loan Officer Licensed?

John Thomas February 20, 2012 Tags: , , , , ,
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Is Your Delaware Loan Officer Licensed?

How can you check to see if your Delaware loan officer is licensed to do business as a loan originator and even if they are licensed to do business in Delaware?  It is real easy to check, every loan originator is required to have a loan originator license number with the National Mortgage Licensing System (NMLS).  You can look up anybody at the following website:

www.nmlsconsumeraccess.org

You should always check to see if a loan officer is licensed and they should always be able to provide you with their NMLS number.  For example, my NMLS is 38783 so you can look me up by name, John Richard Thomas or NMLS number, 38783.  Once you find me, it will tell you what company I work for, Primary Residential Mortgage, Inc., what states I am currently licensed to do business in and if my licensed is active or expired.  See below for picture from NMLS consumer website: Keep Reading...