Tag mortgage rates

Tag mortgage rates

Delaware Mortgage Rates Weekly Mortgage Market Update for January 27, 2014

John Thomas January 27, 2014 Tags: , , , , , ,
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Delaware Mortgage Rates weekly mortgage rate update for the Week of January 27, 2014 by John R. Thomas with Primary Residential Mortgage, Inc. in Newark, Delaware. John Thomas is the Newark, Delaware Branch Manager and the author of the best selling book, Your Guide to Buying Your First Home in Delaware. Call 302-703-0727 to get a mortgage planning consultation or APPLY ONLINE for Delaware mortgage loan

Delaware Mortgage Rates were able to move lower last week as mortgage bonds were able to continue to rally.  If you look at the mortgage bond chart below you can see the short term trend is for mortgage bonds to move higher and move Delaware mortgage rates lower.  Mortgage bonds have rallied since the December Jobs Report came out worse than expected and recently we have seen a flight to quality from international investors who are moving money into U.S. Bonds and Treasuries as a potential currency devaluations occur in emerging markets.  We are recommending FLOATING your Delaware Mortgage Rate to start the week to see if bonds can build on the momentum we had last week.  Mortgage bonds have broken through a ceiling of resistance which is a good short term sign for home loan rates.

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Delaware Mortgage Rates Weekly Mortgage Update for January 20, 2014

John Thomas January 20, 2014 Tags: , , , , , , ,
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Delaware Mortgage Rates weekly mortgage rate update for the Week of January 20, 2014 by John R. Thomas with Primary Residential Mortgage, Inc. in Newark, Delaware. John Thomas is the Newark, Delaware Branch Manager and the author of the best selling book, Your Guide to Buying Your First Home in Delaware. Call 302-703-0727 to get a mortgage planning consultation or APPLY ONLINE for Delaware mortgage loan

Delaware mortgage rates were able to end the week almost where they started after a volatile trading week.  If you look at the mortgage bond chart below, you can see mortgage bond prices ended Friday about where they ended the previous Friday after the worse than expect December Jobs Report.  The Market is closed on Monday so we are going to recommend cautiously FLOATING your Delaware mortgage rate to start the week to see if bonds can improve but if bonds start to sell off we will quickly recommend LOCKING as the long term trend is still for bonds to sell off and interest rates to climb higher.

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Delaware Mortgage Rates Weekly Update for January 28, 2013

John Thomas January 28, 2013 Tags: , , , , , , , ,
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Delaware Mortgage Rates Weekly Update for January 28, 2013

Delaware mortgage rate weekly update for the week of January 28, 2013 by John Thomas with Primary Residential Mortgage in Newark, Delaware.  John is the Newark, DE Branch Manager and the author of the book, Your Guide to Buying Your First Home in Delaware. Call 302-703-0727 to get a free mortgage planning consultation or APPLY ONLINE for Delaware mortgage loan

Delaware mortgage rates tried to move lower last week but rebounded higher when initial jobless claims were reported on Thursday January 24, 2013 at 330,000 which was 5,000 less than the week before. This continues the trend of lower claims and is the lowest in 5 years. The unemployment rate surprisingly stayed the same at 7.8%.  This sent mortgage bonds lower and resumed the downward trend for bonds.   Mortgage interest rates moved higher in response and ended the week higher than they have been in 4 months.  The bond broke through the support that held last week but we may see rates bounce off the 200 day moving average so I am recommending FLOATING your Delaware mortgage rate to see if bonds can recover some but be mindful that if support is broken at 200 day moving average, rates will jump higher and fast.

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Delaware Mortgage Rate Weekly Update for May 7 2012

John Thomas May 7, 2012 Tags: , , , , , ,

Delaware Mortgage Rates Weekly Update for May 7, 2012 by John R. Thomas from Primary Residential Mortgage in Newark, Delaware.  John is the branch manager of the Newark office and is the author of the best selling book, Your Guide to Buying Your First Home in Delaware.  John provides advice on floating or locking your Delaware mortgage interest rate each week in the update.  You can call 302-703-0727 to schedule a free mortgage consultation or your can APPLY ONLINE for Delaware mortgage loan

Delaware mortgage rates weekly update by John Thomas

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Delaware Mortgage Rate Weekly Update April 30 2012

John Thomas April 30, 2012 Tags: , , , , ,

Delaware mortgage rates weekly update for the week of April 30, 2012 from John R. Thomas with Primary Residential Mortgage in Newark, Delaware.  John is the branch manager and the author of the book, Your Guide to Buying Your First Home in Delaware.  Call 302-703-0727 to schedule a free mortgage planning consultation or APPLY ONLINE for a Delaware Mortgage Loan.

Delaware mortgage rate weekly update by John R. Thomas

Delaware mortgage rates once again ended the week at all time historic lows as the bond market responded to the bad economic news released last week.  The first report that moved the market last week was the New Home Sales Report which fell 7.1% in March 2012 with only 328,000 units,  it was 353,000 units in February 2012.   Inflation was seen as higher in the short term because of high energy costs but Feds see it being moderate in the longer terms so not concerned which helped the bond market.

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Delaware Mortgage Rates Weekly Update for March 12 2012

John Thomas March 13, 2012 Tags: , , , ,

Delaware mortgage rates weekly update for the week of March 12, 2012 by John R. Thomas from Primary Residential Mortgage in Newark, Delaware.  Call 302-703-0727 to schedule a free mortgage planning consultation or APPLY ONLINE NOW.

Delaware mortgage rate weekly update by John R. Thomas 

Delaware mortgage rates started the week opening slightly lower after moving higher last week as the bond market sold off.   The big report last week was the number of jobs created which was at 227,000 for February 2012.   There was also a revision for December and January numbers which was an increase of 61,000 jobs.  The unemployment rate held steady at 8.3%.  The big news is the uncertainty coming out of Greece.  Investors in Greek debt inked a deal that had investors forgiving 100 billion in debt.  This is not a solution but more of a temporary band aide.

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Delaware Mortgage Rates Weekly Update for February 6, 2012

John Thomas February 7, 2012 Tags: , , , ,

Delaware Mortgage Rates weekly update for week of February 6, 2012 by John R. Thomas from Primary Residential Mortgage.  Call 302-703-0727 to get a free mortgage consultation or APPLY ONLINE NOW.

 Delaware mortgage rates by John R. Thomas

Delaware mortgage rates have started the week higher because of unexpected increase in the nonfarm payroll at 243,000 jobs created versus the 170,000 expected.  This was good news so the stock market rallied pulling money out of the bond marketing causing interest rates to rise.  Delaware mortgage rates are still near all time historic lows so now is a great time to purchase a new home in Delaware or refinance your current mortgage loan.

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Delaware Mortgage Rates Weekly Update for January 30 2012

John Thomas January 30, 2012 Tags: , , , , ,

Delaware mortgage rates weekly update for January 30, 2012 by John R. Thomas from Primary Residential Mortgage.  Call 302-703-0727 for a free mortgage consultation if you are planning to purchase or refinance a home in Delaware or APPLY ONLINE.

 Delaware mortgage rates weekly update for January 30 2012

Delaware mortgage rates touched all time lows again when the mortgage bonds were tradered to all time record high on the news that Europe punted on fixing the debt concerns, Federal Reserve extend forecast for low rates from 2013 to end of 2014 which signals economy is not expected to rebound anytime soon, and the GDP report showing only a 2.8% versus the expected 3.2%.

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