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...

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...