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 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...