Delaware Mortgage Rates weekly mortgage market update for the Week of November 18, 2013, by John R. Thomas with Primary Residential Mortgage in Newark, Delaware. John Thomas is the Newark, Delaware Mortgage 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 moved lower last week as mortgage bonds were able to rebound after the big sell-off in bonds from the October Jobs Report. If you look at the mortgage bond chart below you can see that mortgage bonds had a big red candle (big sell-off) on Friday, November 8th but have since been able to rebound each day last week to move mortgage interest rates lower each day. Interest rates ended the week almost where they before the sell-off on Friday the 8th. We are recommending FLOATING your Delaware mortgage rate to start the week to see if mortgage bonds can continue to climb higher and move home loan rates lower. Keep Reading...

Delaware Mortgage Rates weekly update for the Week of November 13, 2013, by John R. Thomas with Primary Residential Mortgage in Newark, Delaware. John Thomas is the Newark, Delaware Mortgage 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 Surged Higher to end the week after a better than expected October Jobs Report was released. If you look at the mortgage bond chart below you can see the big red candle down on Friday which was a sell-off in mortgage bonds on Friday. Hopefully, you took our LOCK recommendation last week if not then we are recommending FLOATING your Delaware mortgage rate to start the week but be very cautious as mortgage rates could continue to climb higher if the markets feel the Feds will start tapering in December 2013 versus waiting until March 2014. Keep Reading...

Delaware Mortgage Rates weekly mortgage market update for the Week of November 4, 2013, by John R. Thomas with Primary Residential Mortgage in Newark, Delaware. John Thomas is the Newark, Delaware Mortgage 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 ended the week slightly worse than they started as mortgage bonds sold off on Friday after better than expected manufacturing news was released. If you look at the mortgage bond chart below you can see that mortgage bonds traded in a tight range and then sold off on Friday closing below the 200 days moving average. We are recommending LOCKING your Delaware Mortgage Rate to start the week as mortgage bonds could continue to sell off after closing below the 200-day moving average. Keep Reading...

Delaware Mortgage Rates weekly mortgage market update for the Week of October 28, 2013, by John R. Thomas with Primary Residential Mortgage in Newark, Delaware. John Thomas is the Newark, Delaware Mortgage 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 moved to the lowest level in four months after the September Jobs Report released. If you look at the mortgage bond chart below you can see mortgage bonds jumped higher after the jobs report was released and pushed mortgage bonds to 4 months high. We are recommending cautiously FLOATING your Delaware mortgage rate ahead of the Federal Reserve Meeting on Wednesday. Keep Reading...

Delaware Mortgage Rates weekly market update for the Week of October 21, 2013, by John R. Thomas with Primary Residential Mortgage in Newark, Delaware. John Thomas is the Newark, Delaware Mortgage 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 ended the week lower as the uncertainty in the market helped rally the bond market. If you look at the mortgage bond chart below you can see mortgage bonds closed Friday below the 200 days moving average and we are seeing a double top pattern emerge. The double top will probably cause traders to sell off and move mortgage rates higher in the short term. We are recommending LOCKING your Delaware Mortgage Rate as the risk is for rates to move higher from here after hitting 200-day moving average and the double top trading pattern. Keep Reading...

Delaware Mortgage Rates weekly market update for the Week of September 30, 2013, by John R. Thomas with Primary Residential Mortgage in Newark, Delaware. John Thomas is the Newark, Delaware Mortgage 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 continued to improve this week as a government shut looms over the Federal Debt Limit. If you look at the mortgage bond chart below you can see mortgage bonds have had a big rally higher since hitting the all-time low for the year at the beginning of September. Mortgage bonds have rallied higher on the Federal Reserve continuing their asset purchase program QE3 with no tapering and the fight going on in US Congress over raising the debt limit. The uncertainty has helped boost mortgage bonds and has moved home loan rates considerably lower. We are recommending FLOATING your Delaware mortgage rate to start the week as the short term trend is for bonds to move higher and home loan rates to move lower. Keep Reading...

Delaware Mortgage Rates weekly market update for the week of September 23, 2013, by John R. Thomas with Primary Residential Mortgage in Newark, Delaware. John Thomas is the Newark, Delaware Mortgage 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 dropped lower by about 0.25% after the Federal Reserve announced on Wednesday that they would not start tapering their asset purchase program called QE3. The mortgage bond market surged higher on the news and caused home loan rates to drop back lower by about 0.25%. If you look at the mortgage bond chart below you can see the big green candle on Wednesday which was the biggest one day gain since August 2011. We are recommending LOCKING your Delaware Mortgage Rate to start the week as mortgage bonds are up against a tough layer of resistance to move any higher. Keep Reading...

Delaware Mortgage Rates weekly market update for the week of September 16, 2013, by John R. Thomas with Primary Residential Mortgage in Newark, Delaware. John Thomas is the Newark, Delaware Mortgage 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 moved lower from the previous week as mortgage bonds built on the momentum from a poor jobs report for August. If look at the mortgage bond chart below you can see mortgage bonds jumped higher on Monday and then traded in a tight range for the rest of the week ending the week almost on Monday’s high. We are recommending FLOATING your Delaware Mortgage Rate to start the week to see if bonds can continue to rally on the poor economic reports that came out on Friday but the big event this week to watch is the Federal Open Market Committee meeting on September 18th. Keep Reading...