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Delaware First Time Home Buyer Seminar September 20, 2014

John Thomas August 24, 2014 Tags: , , ,

Delaware First Time Home Buyer Seminar

There will be a Delaware First Time Home Buyer Seminar on Saturday, September 20, 2014, at 10:00 AM till Noon. The seminar will last about 2 hours and each participate 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. Keep Reading...

Delaware Mortgage Rates Weekly Market Update for August 18, 2014

John Thomas August 17, 2014 Tags: , , , , ,
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Delaware Mortgage Rates weekly mortgage market update for the Week of August 18, 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 move lower last week as mortgage bonds rallied all week. If you look at the mortgage bond chart below you can see mortgage bonds found a bottom on Monday and were able to rally higher all week after weaker than expected economic news and geopolitical events continuing to dominate headlines. We are recommending FLOATING your Delaware Mortgage Rate to start the week as the short term trend is for mortgage bonds to continue to rally higher which will move mortgage interest rates lower. Keep Reading...

Delaware Mortgage Rates Weekly Rate Update for August 11, 2014

John Thomas August 10, 2014 Tags: , , , , ,
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Delaware Mortgage Rates weekly mortgage market update for the Week of August 11, 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 ended the week near the lows for the year but mortgage bonds were turned lower on Friday as the market rallied. Geo-Political News dominated headlines last week and sent the market on a wild ride. The tensions in Ukraine, the War in Gaza, and the war in Iraq have caused the markets to have extreme volatility this past week. If you look at the mortgage bond chart below you can see the green and red candles going back and forth each day and finally ending down on Friday trading below the line of resistance R2 on the chart. We are recommending LOCKING Your Delaware Mortgage Rate to start the week as Friday’s technical signal is for bonds to continue to sell off. Keep Reading...

Maryland Home Buyer Seminar September 13, 2014

John Thomas August 10, 2014 Tags: , , ,
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Maryland First Time Home Buyer Seminar Saturday, September 13, 2014, from 10 AM till Noon in Fredrick, Maryland at The Holiday Inn Conference Center. Call 410-412-3319 to register or register online at Maryland Home Buyer Seminars. The seminar will cover all the basics of purchasing your first home in Maryland. You will be able to receive a copy of your credit report and your credit score at the seminar. You will also be able to request a pre-approval meeting with a mortgage planner to discuss your loan options for purchase a home as well as first time home buyer programs. Keep Reading...

Delaware Mortgage Rates Weekly Update for August 4, 2014

John Thomas August 3, 2014 Tags: , , , , ,

Delaware Mortgage Rates weekly market update for the Week of August 4, 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 continued their roller coaster ride last week as mortgage bonds dropped big then tried to recover to end the week. If you look at the mortgage bond chart below you can see mortgage bonds were recovering last week until Wednesday when they dropped BIG as you can see from the BIG RED Candle down. Bonds were able to recover on Thursday and start to move higher on Friday. We are recommending FLOATING your Delaware Mortgage Rate to start the week to see if bonds can continue to climb back higher following through on Friday’s push higher. Keep Reading...

Delaware Mortgage Rates Weekly Update for July 28, 2014

John Thomas July 27, 2014 Tags: , , , , ,
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Delaware Mortgage Rates weekly market update for the Week of July 28, 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 continue on the roller coaster ride of up and down as there is extreme volatility in the bond market. If you look at the mortgage bond chart below you can see the up and down arrows show a roller coaster trading pattern for mortgage bonds which has mortgage interest rates moving up and down about 0.25% over the last 3 weeks.  Since we ended the week with a Green Candle on the chart, we are going to recommend FLOATING your Delaware Mortgage Rate to see if bonds can rally off support. Keep Reading...

Maryland Home Buyer Seminar Saturday August 30, 2014

John Thomas July 27, 2014 Tags: , , ,
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Maryland First Time Home Buyer Seminar

There will be a Maryland First Time Home Buyer Seminar on Saturday, August 30, 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...

Delaware Mortgage Rates Weekly Mortgage Rate Update for July 21, 2014

John Thomas July 20, 2014 Tags: , , , , ,
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Delaware Mortgage Rates weekly mortgage rate update for the Week of July 21, 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 end the week about where they started after a roller coaster ride.  If you look at the mortgage bond chart below you can see mortgage bonds sold off at the start of the week but were able to find a bottom on Wednesday and then rebounded higher. We are recommending FLOATING your Delaware Mortgage Rate to start the week to see if mortgage bonds can continue to rally on the negative political news from the Middle East and Ukraine. Keep Reading...