Delaware Mortgage Rates Weekly Update for January 30 2012

John Thomas January 30, 2012 Tags: Delaware Mortgage Rates, Delaware mortgages, john r thomas, mortgage loans, mortgage rates, primary residential mortgage

Delaware mortgage rates weekly update for January 30, 2012, by John R. Thomas from Primary Residential Mortgage. Call 302-703-0727 for a free mortgage consultation if you are planning to purchase or refinance a home in Delaware or APPLY ONLINE.

Delaware mortgage rates weekly update for January 30, 2012

Delaware mortgage rates touched all-time lows again when the mortgage bonds were traded to all-time record high on the news that Europe punted on fixing the debt concerns, Federal Reserve extend forecast for low rates from 2013 to the end of 2014 which signals economy is not expected to rebound anytime soon, and the GDP report showing only a 2.8% versus the expected 3.2%. Keep Reading...

Delaware Mortgage Rates Weekly Update for January 23, 2012

John Thomas January 23, 2012 Tags: Delaware Home Loans, Delaware Mortgage Company, Delaware Mortgage Rates, Delaware mortgages, mortgage loans

Delaware mortgage rates weekly update for the week of January 23, 2012, brought to you by John R. Thomas from Primary Residential Mortgage. Call 302-703-0727 to request a free mortgage planning consultation or APPLY ONLINE.

Delaware Mortgage Rates Weekly Update for January 23, 2012

Delaware mortgage rates opened worse today as the mortgage bond market sold off last week. Mortgage bonds are off their all-time highs so Delaware mortgage rates have increased from the all-time historic lows. The reading on inflation last week came our hotter than expected for the Producer Price Index at about 3%. News of a deal almost reached for solving the debt problem in Greece also was seen as good news so traders were moving money out of the bonds and into stocks. Keep Reading...

Delaware Mortgage Rates Weekly Update – January 16, 2012

John Thomas January 16, 2012 Tags: Delaware Mortgage Rates, Delaware mortgages, mortgage loans

Delaware Mortgage Rates Weekly Update for January 16, 2012 by John R. Thomas from Primary Residential Mortgage

Delaware Mortgage Rates

The Mortgage Bond Market was closed today for Martin Luther King Jr Holiday. Mortgage bonds continue to trade at all-time highs which means mortgage rates are still at all-time historic lows. So now is still a great time to purchase a home or refinance your current Delaware Home Loan. Consumer Sentiment came in at a level not seen since May of 2011 but the real picture for shopping was shown in December sales at only 0.1% increase over November versus 0.4% expected. This was because retailers had to discount to get the sales which cut profits. Keep Reading...

Delaware Mortgage Rates Weekly Update – January 9, 2012

John Thomas January 9, 2012 Tags: Delaware Mortgage Rates, Delaware mortgages, mortgage loans

Delaware Mortgage Rates weekly update for the week of January 9, 2012 – Call 302-703-0727 to apply for a Delaware mortgage loan for the purchase or refinance of a home in Delaware or APPLY ONLINE.

Delaware mortgage rates are still at all-time lows even after Friday’s job report of 200,000 jobs created and the unemployment rate coming down to 8.5%. Mortgage rates were able to stay at all time lows because the 8.5% unemployment rate is not telling the whole story, it doesn’t include all the people that stopped looking for work or that have accepted part-time work. The crisis in Europe continues and is helping to support low mortgage rates. Keep Reading...

Delaware Mortgage Rates Weekly Update – January 3, 2012

John Thomas January 3, 2012 Tags: Delaware Home Loans, Delaware Mortgage Rates, Delaware mortgages

Delaware Mortgage Rates Weekly Update for January 3 , 2012

Delaware mortgage rates are still at all-time historic lows which makes it the perfect time to refinance or purchase a new home. Call 302-703-0727 to apply now for a Delaware Home Loan or you can APPLY ONLINE. Mortgage Bonds started off the new year trading lower but recovered and ended at close to historically high level. The troubles in Europe are still causing traders to seek the safe haven trade of US bonds and treasuries.

I am recommending LOCKING your Delaware mortgage rate for the short term as rates are at all-time lows so the risk is that they will rise short term. Long term out past 30 days you can float your rate. Call 302-703-0727 to have a free mortgage planning consultation or you can APPLY ONLINE. Keep Reading...

Delaware Mortgage Rates Weekly Update – December 19, 2011

John Thomas December 22, 2011 Tags: Delaware Mortgage Rates, Delaware mortgages

Delaware mortgage rates weekly update for the week of December 19, 2011

You can apply for a Delaware Home Loan by calling 302-703-0727 or you can APPLY ONLINE.

Delaware mortgage rates have held pretty steady at historical lows even in the face of some good economic news. Jobless claims came in at lowest number since May 2008 at 366,000. Typically good economic news moves interest rates higher but the crisis in Europe and the Federal Reserve stepping in to purchase mortgage-backed securities has kept Delaware mortgage rates at historic lows. Keep Reading...

Delaware Mortgage Rates Weekly Update – December 12, 2011

John Thomas December 12, 2011 Tags: Delaware Mortgage Rates, Delaware mortgages, mortgage loans

Delaware mortgage rates weekly update for the week of December 12, 2011

Mortgage interest rates have remained at historic levels yet again even though we had some good economic news that boosted the stock market at the end of last week. We saw the jobless claims come in much lower than expected on Friday at 381,000. We also saw consumer sentiment come in at a 6 month high. Typically this would all have caused Delaware home loan rates to rise but the uncertainty over the debt crisis in Europe has helped mortgage bonds maintain and keep Delaware mortgage interest rates at historically low levels. What does this mean? IT IS A GREAT TIME to BUY or REFINANCE!!!! Keep Reading...

New HARP 2.0 Refinance Program Expected to Help Thousands of Underwater Delaware Homeowners

John Thomas December 10, 2011 Tags: Delaware HARP Refinance, HARP 2.0

HARP 2.0 Refinance Program

Obama Plan Set to Help Underwater Homeowners in Delaware

Unveiled just a few short weeks ago, President’s Obama’s revamped Home Affordable Refinance Program (HARP) is expected to help hundreds of thousands of homeowners nationwide take advantage of today’s low-interest rates says Freddie Mac.

The original HARP refinances, started in April 2009, was semi-successful, but had it’s limitations and was needing a re-haul to continue to provide assistance and hopefully a spark to the Delaware economy.

The goal behind the Obama refinance program is clear, allow Delaware homeowners to reduce their monthly mortgage interest rate. These savings will then be, hopefully, plowed back into the local economy which will add jobs and make a dent in the Delaware unemployment rate. If we can create jobs that will fix the Delaware economy and the Delaware Housing Market. Keep Reading...