Delaware Mortgage Rates

Delaware Mortgage Rates

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. Keep Reading...

Delaware Mortgage Rate Weekly Update May 21 2012

John Thomas May 20, 2012 Tags: , , , , , ,

Delaware Mortgage Rates Weekly Update for May 21, 2012, by John R. Thomas with Primary Residential Mortgage in Newark, Delaware. John is the branch manager and the author of the book, Your Guide to Buying Your First Home in Delaware. Call 302-703-0727 for a free mortgage planning appointment or APPLY ONLINE for Delaware mortgage loan.

Delaware mortgage rate weekly update with John Thomas

Delaware mortgage rates set an all-time record low after bad news coming out of the Eurozone and with the lowest read on consumer inflation since February 2011. The European Central Bank told Greece it would no longer provide funding to Greece Banks. The ECP will not bail out Greek Banks and said funding must come from Greece. This has put concerns that Greece may be left with only one option which would be leaving the European Union. Spain was also in the news because it is in a recession that may last throughout 2013. This means Spain could be the next Greece. Keep Reading...

Delaware Mortgage Rate Weekly Update for May 14 2012

John Thomas May 14, 2012 Tags: , , , , , , ,

Delaware mortgage rate weekly update for the week of May 14, 2012, by John R. Thomas from Primary Residential Mortgage in Newark, Delaware. John is the branch manager and the author of the book, Your Guide to Buying Your First Home in Delaware. Call 302-703-0727 to schedule a free mortgage planning consultation or APPLY ONLINE for Delaware Mortgage Loan.

Delaware Mortgage rate weekly update by John Thomas

Delaware Mortgage Rates are still at all-time historic lows after bad news comes out of Europe last week. France elected a new president and this is the 9th new leader for the Eurozone. Greece is also back in the news and has failed to get a new government that can institute the austerity measures required for their bailout. Also in the news, the National Association of Realtors released two reports. The first report said in the 1st quarter of 2012, 74 of 146 metro cities surveyed had home prices rise. NAR also stated the inventory of existing homes for sale has decreased by 22% since this time last year and it is 41% lower than in 2007 when inventories were at the peak. Keep Reading...

Delaware Mortgage Rate Weekly Update for May 7 2012

John Thomas May 7, 2012 Tags: , , , , , ,

Delaware Mortgage Rates Weekly Update for May 7, 2012, by John R. Thomas from Primary Residential Mortgage in Newark, Delaware. John is the branch manager of the Newark office and is the author of the best selling book, Your Guide to Buying Your First Home in Delaware. John provides advice on floating or locking your Delaware mortgage interest rate each week in the update. You can call 302-703-0727 to schedule a free mortgage consultation or you can APPLY ONLINE for Delaware mortgage loan

Delaware mortgage rates weekly update by John Thomas Keep Reading...

Delaware Mortgage Rate Weekly Update April 30 2012

John Thomas April 30, 2012 Tags: , , , , ,

Delaware mortgage rates weekly update for the week of April 30, 2012, from John R. Thomas with Primary Residential Mortgage in Newark, Delaware.  John is the branch manager and the author of the book, Your Guide to Buying Your First Home in Delaware. Call 302-703-0727 to schedule a free mortgage planning consultation or APPLY ONLINE for a Delaware Mortgage Loan.

Delaware mortgage rate weekly update by John R. Thomas

Delaware mortgage rates once again ended the week at all time historic lows as the bond market responded to the bad economic news released last week. The first report that moved the market last week was the New Home Sales Report which fell 7.1% in March 2012 with only 328,000 units, it was 353,000 units in February 2012. Inflation was seen as higher in the short term because of high energy costs but Feds see it being moderate in the longer terms so not concerned which helped the bond market. Keep Reading...

Delaware Mortgage Rate Weekly Update for April 23 2012

John Thomas April 23, 2012 Tags: , , , , , ,

Delaware mortgage rate weekly update for the week of April 23, 2012, by John R. Thomas from Primary Residential Mortgage in Newark, Delaware.  Call 302-703-0727 for a free mortgage planning consultation or APPLY ONLINE for Delaware Mortgage Rate Quote. John is the branch manager for Primary Residential Mortgage and the author of the book, Your Guide to Buying Your First Home in Delaware.

Delaware Mortgage Rate Weekly Update by John R. Thomas with Primary Residential Mortgage

Delaware mortgage rates remained at all-time record lows last week. My advice is to LOCK your Delaware mortgage interest rate to take advantage of these record low rates. Corporations have been reporting very good earnings which could move the bond market lower if continues this week which would move mortgage rates higher. Keep Reading...

Delaware Mortgage Rates Weekly Update – April 16 2012

John Thomas April 16, 2012 Tags: , , , , , ,

Delaware mortgage rates weekly update for the week of April 16, 2012, from John R. Thomas with Primary Residential Mortgage in Newark, Delaware.  Advice on floating or locking your Delaware mortgage interest rate and update on the latest financial news affecting mortgage rates. Call 302-703-0727 to schedule a free mortgage consultation or APPLY ONLINE for Delaware Mortgage Loan.

Delaware mortgage rate weekly update with John R. Thomas

Delaware mortgage rates once again have touched all-time lows as the mortgage bond market has been able to recover over the last 2 weeks after a Three-week sell-off. The big interest rate mover last week were the two reports on inflation which showed inflation subdued. The PPI (Producer Price Index) was released and came in at expectations which were great news. The PPI is a measure of wholesale inflation which measures the cost to produce goods and services. The CPI (Consumer Price Index) was also released last week and came in at expectations as well which was also good news. The CPI came in at 2.3% and this measures inflation at the consumer level. Keep Reading...

Delaware Mortgage Rates Weekly Update for April 2 2012

John Thomas April 2, 2012 Tags: , , , , , ,

Delaware Mortgage Rates Weekly Update for Week of April 2, 2012, by John R. Thomas with Primary Residential Mortgage in Newark, Delaware. Call 302-703-0727 to schedule a free mortgage consultation or you can APPLY ONLINE.

Delaware Mortgage Rate Weekly Update with John R. Thomas

Delaware Mortgage Rates finally reversed course and moved lower after moving higher for the last 3 weeks. The mortgage bond bounced off the lows and has recovered but will have trouble breaking through the falling trend line that the bond page shows. The mortgage bond was able to trade higher last week on weak housing data and the initial jobless claims bounced higher. Housing News that wasn’t so good was Home Prices have dropped in 16 Metro areas according to Case Shiller Index. This has caused the Federal Reserve to consider instituting a third round of quantitative easing called QE3. QE3 would be another round of bond buying by the Feds which could help to keep home loan rates near historic lows.

My advice is to FLOAT your Delaware mortgage rate to start off the week of April 2, 2012, to see if mortgage bonds can keep their momentum and move higher helping home loan rates to continue lower. If you would like to schedule a free mortgage planning session 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

248 E Chestnut Hill Rd, Newark, DE 19713