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Delaware Mortgage Rates Weekly Market Update for April 21, 2014

John Thomas April 21, 2014 Tags: , , , , ,
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Delaware Mortgage Rates weekly rate update for the Week of April 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 jumped higher on Thursday as mortgage bonds sold off and broke below the line of support. If you look at the mortgage bond chart below you can see the big red candle on Thursday showing the bond market selling off. Last week bonds drifted lower on Monday and Tuesday and tried to stabilize on Wednesday and Thursday but then sold off on Friday. We are recommending FLOATING your Delaware Mortgage Rate to start the week to see if mortgage bonds can rally after the sell-off. Keep Reading...

Delaware First Time Home Buyer Seminar May 17, 2014

John Thomas April 20, 2014 Tags: , , ,

Delaware First Time Home Buyer Seminar

There will be a Delaware First Time Home Buyer Seminar on Saturday, May 17, 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 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.
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Delaware Mortgage Rates Weekly Market Update for April 14, 2014

John Thomas April 13, 2014

Delaware Mortgage Rates weekly rate update for the Week of April 14, 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 improved last week as mortgage bonds rallied. Mortgage Bonds were able to rally last week as the Stock Markets sold off.  If you look at the mortgage bond chart below you can see bonds have rallied back this week but are close to a tough layer of overhead resistance. The last two times we hit this high the bond turned lower and rates moved higher. We are going to recommend cautiously FLOATING your Delaware Mortgage Rate to see if bonds can continue to rally. Keep Reading...

Delaware Mortgage Rates Weekly Update for April 7, 2014

John Thomas April 6, 2014

Delaware Mortgage Rates weekly market update for the Week of April 7, 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 moved lower last week after the Jobs Report was released on Friday. Looking at the mortgage bond chart below you can see bonds rallied on Friday with the big upward candle. Now that the Jobs Report is behind us and stocks sold off, bonds were able to rally. We are recommending FLOATING your Delaware Mortgage Rate to see the bond rally can continue but be careful as there is a tough overhead resistance to the bond so it could be turned lower and move interest rates higher. Keep Reading...

Maryland First Time Home Buyer Seminar April 12, 2014

John Thomas April 6, 2014 Tags: , , ,

Maryland First Time Home Buyer Seminar Saturday, April 12, 2014, from 10 AM till Noon in Rockville, Maryland at the Rockville Hilton Hotel. 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...

Maryland Home Buyer Seminar April 26, 2014

John Thomas April 6, 2014 Tags: , , ,

Maryland First Time Home Buyer Seminar

There will be a Maryland First Time Home Buyer Seminar on Saturday, April 26, 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.
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Delaware Mortgage Rates Weekly Update for March 31, 2014

John Thomas April 2, 2014 Tags: , , , , ,

Delaware Mortgage Rates weekly market update for the Week of March 31, 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 bounced off support. If you look at the mortgage bond chart below you can see after a big sell-off on previous Wednesday, mortgage bonds found a floor of support and they were able to rally higher last week moving Delaware mortgage rates lower. We are going to recommend FLOATING your Delaware Mortgage Rate to start the week to see if mortgage bonds can continue the short term trend of rallying higher. Keep Reading...

Dover Delaware Home Buyer Seminar April 12, 2014

John Thomas March 26, 2014 Tags: , , ,
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Delaware First Time Home Buyer Seminar on Saturday, April 12, 2014, at 10 AM in Dover, Delaware. 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 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. You will be able to get pre-approved at the seminar by a Delaware Mortgage Company. Keep Reading...