Delaware Mortgage Rates weekly mortgage market update for the Week of September 8, 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 to hover around lows for 2014 on last Friday as weakness in the stock market pushed mortgage bonds higher. If you look at the mortgage bond chart below you can see the big green candle on Friday as mortgage bonds rallied and touched the all-time highs for 2014 before retreating lower. We are recommending LOCKING any short term transactions that are closing in days to weeks as the bond was turned lower after hitting the ceiling of resistance so could have a short term pullback which would move interest rates higher. Keep Reading...

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 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...