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Delaware Mortgage Rates Weekly Mortgage Market Update for October 13, 2014

John Thomas October 12, 2014 Tags: , , , , ,
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Delaware Mortgage Rates weekly mortgage market update for the Week of October 13, 2014, by John R. Thomas with Primary Residential Mortgage, Inc. in Newark, Delaware. John Thomas is the Newark, Delaware Branch Manager and the author of the best selling book, Your Guide to Buying Your First Home in Delaware. Call 302-703-0727 to get a mortgage planning consultation or APPLY ONLINE for Delaware mortgage loan

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Delaware Mortgage Rates still hover around the all-time lows of the year but in the short term, we may see a pullback as traders will sell bonds to lock in profit.  If you look at the mortgage bond chart below you can see mortgage bonds set a record high for the year and then sold off.  The short term trend is for mortgage bonds to move higher but with bonds being at all-time record highs for the year we are recommending LOCKING in your Delaware Mortgage Rate unless you are not settling for 60 days or more as the short term risk versus reward doesn’t warrant floating. Keep Reading...

Maryland Home Buyer Workshop November 5, 2014

John Thomas October 12, 2014 Tags: , , ,
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Maryland First Time Home Buyer Seminar

There will be a Maryland First Time Home Buyer Seminar on Wednesday, November 5, 2014, at 6:30 PM till 8:30 PM in Laurel, Maryland. The seminar will last about 2 hours and each participant will be able to receive a copy of their tri-merge credit report. The seminar will cover all of the basics of buying a new home in Maryland. The seminar will cover Maryland FHA loans, Maryland VA loans, Maryland USDA Rural Housing Loans, First Time Home Buyer Loan Programs, and the Maryland FHA 203k Rehab loans. Each participant will receive a Credit Scoring Handbook, Home Buying Handbook, and an opportunity to meet with a certified mortgage planner to be pre-approved to buy a home at the seminar. You will also learn the importance of credit in buying a home and learn valuable tips on how to improve your credit score. Learn what programs are available to help with down payment and closing costs. The new loan limits for conventional and FHA will be covered as well as changes to borrowing 100% financing.

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Delaware Mortgage Rates Weekly Update for October 6, 2014

John Thomas October 6, 2014 Tags: , , , , ,

Delaware Mortgage Rates weekly mortgage market update for the Week of October 6, 2014, by John R. Thomas with Primary Residential Mortgage, Inc. in Newark, Delaware. John Thomas is the Newark, Delaware Branch Manager and the author of the best selling book, Your Guide to Buying Your First Home in Delaware. Call 302-703-0727 to get a mortgage planning consultation or APPLY ONLINE for Delaware mortgage loan

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Delaware Mortgage Rates ended the week about where they started but the trend has become bearish. If you look at the mortgage bond chart below you can see Mortgage Bonds sold off on Friday after the September Jobs Report was released on Friday and the Stock Market rallied. Recommend LOCKING your Delaware Mortgage Rate to start the week as the short term risk for mortgage rates to sell off and move interest rates higher. Keep Reading...

Delaware Mortgage Rates Weekly Market Update for September 29, 2014

John Thomas September 28, 2014 Tags: , , , , ,
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Delaware Mortgage Rates weekly mortgage market update for the Week of September 22, 2014, by John R. Thomas with Primary Residential Mortgage, Inc. in Newark, Delaware. John Thomas is the Newark, Delaware Branch Manager and the author of the best selling book, Your Guide to Buying Your First Home in Delaware. Call 302-703-0727 to get a mortgage planning consultation or APPLY ONLINE for Delaware mortgage loan

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Delaware Mortgage Rates were able to move lower last week as mortgage bonds rallied higher all week. If you look at the mortgage bond chart below you can see the short term trend for mortgage bonds is to move higher which has move mortgage interest rates lower. Mortgage bonds did sell off on Friday but were able to rally back to end the day. We are recommending cautiously FLOATING your Delaware Mortgage Rate to start the week. We recommend watching the market carefully as the bond market could try to sell off again on follow-through from Friday and move mortgage interest rates higher again in the short term. If the bond does sell off, we would quickly switch to a LOCKING stance. Keep Reading...

Maryland Home Buyer Seminar October 18, 2014

John Thomas September 28, 2014 Tags: , , ,
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Maryland First Time Home Buyer Seminar

There will be a Maryland First Time Home Buyer Seminar on Saturday, October 18, 2014, at 10:00 AM till Noon. The seminar will last about 2 hours and each participant will be able to receive a copy of their tri-merge credit report. The seminar will cover all of the basics of buying a new home in Maryland. The seminar will cover Maryland FHA loans, Maryland VA loans, Maryland USDA Rural Housing Loans, First Time Home Buyer Loan Programs, and the Maryland FHA 203k Rehab loans. Each participant will receive a Credit Scoring Handbook, Home Buying Handbook, and an opportunity to meet with a certified mortgage planner to be pre-approved to buy a home at the seminar. You will also learn the importance of credit in buying a home and learn valuable tips on how to improve your credit score. Learn what programs are available to help with down payment and closing costs. The new loan limits for conventional and FHA will be covered as well as changes to borrowing 100% financing. Keep Reading...

Maryland Home Buyer Workshop October 8, 2014

John Thomas September 22, 2014 Tags: , , ,
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Maryland First Time Home Buyer Seminar  

There will be a Maryland First Time Home Buyer Seminar on Wednesday, October 8, 2014, at 6:30 PM till 8:30 PM. The seminar will last about 2 hours and each participant will be able to receive a copy of their tri-merge credit report. The seminar will cover all of the basics of buying a new home in Maryland. The seminar will cover Maryland FHA loans, Maryland VA loans, Maryland USDA Rural Housing Loans, First Time Home Buyer Loan Programs, and the Maryland FHA 203k Rehab loans. Each participant will receive a Credit Scoring Handbook, Home Buying Handbook, and an opportunity to meet with a certified mortgage planner to be pre-approved to buy a home at the seminar. You will also learn the importance of credit in buying a home and learn valuable tips on how to improve your credit score. Learn what programs are available to help with down payment and closing costs. The new loan limits for conventional and FHA will be covered as well as changes to borrowing 100% financing. Keep Reading...

Delaware Mortgage Rates Weekly Mortgage Market Update for September 22, 2014

John Thomas September 21, 2014 Tags: , , , , ,
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Delaware Mortgage Rates weekly mortgage market update for the Week of September 22, 2014, by John R. Thomas with Primary Residential Mortgage, Inc. in Newark, Delaware. John Thomas is the Newark, Delaware Branch Manager and the author of the best selling book, Your Guide to Buying Your First Home in Delaware. Call 302-703-0727 to get a mortgage planning consultation or APPLY ONLINE for Delaware mortgage loan

Delaware Mortgage Rates were able to stabilize last week after moving higher for the past two weeks. If you look at the mortgage bond chart below you can see mortgage bonds have been on a downward trend which has moved mortgage rates higher but last week we were able to hammer out a floor of support. With the Fed Meeting behind us, we are looking to see if mortgage bonds can rally and move higher off the line of support seen in the chart below. Friday mortgage bonds were able to build on some momentum from Thursday and close above the line of support so we are recommending FLOATING your

Delaware Mortgage Rate Keep Reading...

Delaware First Time Home Buyer Seminar October 18, 2014

John Thomas September 20, 2014 Tags: , , ,
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Book Cover - FTHB - 2011

Delaware First Time Home Buyer Seminar

There will be a Delaware First Time Home Buyer Seminar on Saturday, October 18, 2014, at 10:00 AM till Noon. The seminar will last about 2 hours and each participant will be able to receive a copy of their credit report. The seminar will cover all of the basics of buying a home in Delaware. The seminar will cover Delaware FHA loans, Delaware VA loans, Delaware USDA Rural Housing Loans, First Time Home Buyer Loan Programs, and the Delaware FHA 203k Rehab loans. The Seminar is sponsored by The Neighborhood House so each participant will receive home buyer counseling credit toward the required HUD-approved home buyer counseling required for Delaware First Time Home Buyer Programs.

Each participant will receive a Credit Scoring Handbook, Home Buying Handbook, A Household Budget Calculator Worksheet and an opportunity to meet with a certified mortgage planner to be Pre-Approved to buy a home at the seminar. You will also learn the importance of credit in buying a home and learn valuable tips on how to improve your credit score. Learn what programs are available to help with down payment and closing costs. The new loan limits for conventional and FHA will be covered as well as changes options for borrowing 100% financing to purchase a home in Delaware.

The seminar is based on the best selling book, Your Guide to Buying Your First Home in Delaware written by John R. Thomas.

The Seminar is being held at The Christiana Hilton Hotel at 100 Continental Drive, Newark, DE 19713 from 10:00 AM till 12:00 PM on October 18, 2014. To register for the seminar, please call 302-703-0727. You can also e-mail me at jthomas@primeres.com. You can register online by clicking the Registration link below:

For a Complete list of seminars visit Delaware Real Estate Seminars.

APPLY ONLINE today to be pre-approved for a mortgage to buy your first home in Delaware. Primary Residential Mortgage is an approved lender for the Delaware Bond Program through DSHA.

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