Mortgage Loans

Mortgage Loans

Free Delaware Budgeting Seminar – June 11, 2008 at 6:30 PM

John Thomas June 7, 2008

There will be a Free Budgeting Seminar on Wednesday, June 11, 2008, from 6:30 PM till 8:00 PM at the Primary Residential Mortgage’s Office in Newark, Delaware. The seminar will cover the basics of making a household budget, how to track daily, weekly, and yearly expenses, and how to use your budget as part of an overall financial plan. Each participant will receive a free Excel Budget Calculator and a Budgeting Handbook. You will also learn how to not only cut your expenses but increase your income. Keep Reading...

Delaware Mortgage Rates – Update for May 21,2008

John Thomas May 21, 2008

As discussed yesterday, each time the price curve on the 5.5% coupon approaches 101-00, we begin to encounter resistance, and it will likely take an incontrovertibly grim economic outlook to create sufficient demand to push us higher. A 200 point drop in the Dow would be enough, but only if the index itself were much closer to 12000 than 13000. This would have to coincide with a lack of negative mortgage-related headlines. Keep Reading...

Delaware Mortgage Market Weekly Recap – May 19, 2008

John Thomas May 19, 2008

Mortgage bond prices remained near unchanged last week holding Delaware Mortgage interest rates steady. Trade continued to be extremely volatile with discount points rising and falling by as much as 1/2 on a near-daily basis. Once again, gyrating oil prices caused much of the volatility. The price of a barrel moved as much as $6.00 in a trading day. Rising oil prices stoked inflation fears and resulted in Delaware mortgage rate spikes.  Keep Reading...