This is my daily advice on whether to float or lock your Delaware Mortgage Rate for August 1, 2008.

The jobs loss claims came in better than expected today 52,000 claims versus projections of 72,000.  This is unfriendly news for Delaware mortgage rates which initially caused bonds to move slightly lower.  As the traders have digested the news, the bonds have turned direction and have moved higher.

I am recommending FLOATING your Delaware Mortgage Rate for today, but be in contact with your mortgage professional because today could be volatile and the bond could reverse direction and you would want to lock in your mortgage rate. Keep Reading...

This is my daily advice on floating or locking your Delaware Mortgage Rate for July 31, 2008.

If you took my advice and floated yesterday, then you will be very happy because the mortgage bonds finished up yesterday and are off to a great start today. Look at the graph from yesterday.

We had some very mortgage bond friendly news today. GDP report missed target and jobless claims came in a lot higher than expected. This is all good news for bonds.  Remember the higher the bond moves the lower your Delaware Mortgage Interest Rate will be on a Delaware Home Loan. Keep Reading...

This is your daily advice on floating or locking your Delaware Mortgage Rate.

The mortgage bond market is looking to have a pretty good day even though it started off on a dip this morning from a better than expected jobs report. There aren’t many other data coming in so technically bonds should improve on the day.

I am going to recommend FLOATING your Delaware Mortgage Rate into tomorrow and you should get at least a 1/8 better on the rate.

If you would like a free consultation on refinancing your current Delaware home loan or would like information on purchasing a home in Delaware please feel free to call me (John Thomas) at 302-368-7132 or you can APPLY ONLINE HERE. Keep Reading...

This is my daily advice on floating or locking your Delaware Mortgage Rate for July 29, 2008.

Mortgage Backed Securities started off the day with a big drop which caused rates to come out lower this morning than they ended yesterday.  If you didn’t lock yesterday than floating today would have made the most sense. We bounced off support and finished the day extremely strong. Even with stocks doing very well today we still recovered almost all of the ground we lost early today.  Look at the Graph below.

Keep Reading...

Your Daily Advice on whether to float or lock your Delaware Mortgage Rate for your Delaware Home Loan for July 28, 2008.

Mortgage Backed Securities (MBS) are technically looking for a rebound this week and have started off the day up. There isn’t much-scheduled news this week to move the Bond Market so the technicals will be pretty strong, but unexpected news could move this very volatile market in any direction.

My advice is to FLOAT your Delaware Mortgage Rate as it looks like we may have a good day for mortgage-backed securities. Keep Reading...

Here are the daily thoughts on floating or locking your Delaware Mortgage Rate for today.

The bond market is rallying today and looks to continue that rally.  Lenders will probably even reprice Delaware Mortgage Rates for the better at some point today.

My advice is to keep floating your Delaware Mortgage Rate into tomorrow.  If your lender doesn’t reprice for the better they will come out with better rates tomorrow.

If you need help with obtaining a Delaware Home Loan for the purchase or refinance please feel free to call me at 302-703-0727 or you can APPLY ONLINE HERE. Keep Reading...

My advice on was to float or lock your Delaware Mortgage Rate for July 23, 2008, is to float because mortgage bonds have bounced off their lows for the year and are trading in an upward trending channel. This technically could cause a nice bounce up for mortgage bonds.

I recommend floating your Delaware Home Loan Interest Rate into tomorrow.  Lenders may even reprice at the end of the day for the better if the channel trend continues.

If you need advice or help with a Delaware Home Loan for a purchase or a refinance please give me a call at 302-368-7132.

If you are a First Time Home Buyer, we still have room left in our Delaware First Time Home Buyer Seminar this Saturday, July 26, 2008, at 10:00 AM.  Please call me to register or visit www.DelawareMortgageLoans.net/seminars for more information.

If you would like to apply for a Mortgage Loan, you can APPLY ONLINE HERE, you can call John Thomas at 302-703-0727.

John R. Thomas – NMLS 38783

Certified Mortgage Planner – Primary Residential Mortgage, Inc.

302-703-0727 DE Office / 610-906-3109 PA Office / 410-412-3319 MD Office

248 E Chestnut Hill Rd, Newark, DE 19713