Tag Primary Residential Mortgages

Tag Primary Residential Mortgages

Delaware Mortgage Rates Weekly Mortgage Market Update February 4, 2013

John Thomas February 3, 2013 Tags: , , , , , ,
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Delaware mortgage rate weekly update for the week of February 4, 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 ended the week where they started as the stock market continued to push higher. Mortgage bonds traded in a tight range last week and couldn’t break above the 200 days moving average. We can start the week FLOATING to see if mortgage bonds can try again to break through resistance and move home loan rates lower. If bonds break below the floor of support then we need to switch to a LOCKING stance quickly. The long term outlook for rates is to move higher as the downward trend in mortgage bonds continues. Keep Reading...

Delaware Mortgage Rates Weekly Update March 26 2012

John Thomas March 26, 2012 Tags: , , , , ,

Delaware mortgage rates weekly update for the week of March 26, 2012, by John R. Thomas with Primary Residential Mortgage.  Advice on mortgage loans and floating or locking your Delaware mortgage interest rate. Call 302-703-0727 for a free mortgage consultation or APPLY ONLINE

Delaware Mortgage Rate Weekly Update with John R. Thomas – NMLS 38783

Delaware mortgage rates have continued the slow rise that started 2 weeks ago as the mortgage bond keeps trending lower causing home loan rates to slowly increase. The housing-related news released last week showed the housing market is still weak. Housing Market hit a pot hole in February, the Existing home sales fell 0.9% and New home sales fell 1.6% in February which was below expectations. Keep Reading...