(302) 703-0727

(302) 703-0727

Delaware Mortgage Rate Weekly Update May 28 2012

John Thomas May 29, 2012

Delaware mortgage rate weekly update for the week of May 28, 2012, from John R. Thomas with Primary Residential Mortgage in Newark, Delaware. Call 302-703-0727 to apply for a Delaware mortgage loan.

Delaware mortgage rate weekly update with John R. Thomas

Delaware mortgage rates are still sitting at all time historic lows so we are recommending LOCKING in your Delaware mortgage rate if you are closing your Delaware mortgage loan in the next 60 days. The crisis in Europe is still in the headlines with Greece and Spain in big trouble. This drama could still cause mortgage rates to move either direction depending on the spin on the news.

This week in the news we see the May Employment numbers on Friday.  Unemployment is expected to stay at 8.1% and 155,000 jobs are expected to be added. If these numbers miss, it could help the bond market move higher. We are looking at GDP on Thursday and expectations are 1.9% which is down from 2.2% last report. If misses could be good for the bond market.

The next free Delaware first time home buyer seminar in Newark, DE is Saturday, June 16, 2012, from 10 AM till Noon and 1 PM till 3 PM. In Dover, DE it is Tuesday, June 19, 2012, from 6:30 PM till 8:30 PM. You can register by calling 302-703-0727 or online at Delaware Home Buyer Seminars

The next free Maryland first time home buyer seminar in Towson, MD is Saturday, June 30, 2012, from 10 AM till Noon. You can register by calling 410-412-3319 or online at Maryland Home Buyer Seminars

If you would like to apply for a Delaware mortgage loan to purchase or refinance a home in Delaware, call 302-703-0727 or APPLY ONLINE.

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

About John Thomas

John Thomas and his team are long-time Delaware natives. They know the local real estate market as well as they know the loan products that help them serve it. Dedicated to helping first-time buyers; the John Thomas Team are experts on first-time buyer loan programs (FHA, VA, USDA) and conduct monthly first-time buyer seminars that have been attended by more than 3000 Delaware buyers.