Delaware Mortgage Rates weekly update for the Week of November 13, 2013, by John R. Thomas with Primary Residential Mortgage in Newark, Delaware. John Thomas is the Newark, Delaware Mortgage Branch Manager and the author of the book, Your Guide to Buying Your First Home in Delaware. Call 302-703-0727 to get a free mortgage planning consultation or APPLY ONLINE for Delaware mortgage loan

Delaware Mortgage Rates Surged Higher to end the week after a better than expected October Jobs Report was released. If you look at the mortgage bond chart below you can see the big red candle down on Friday which was a sell-off in mortgage bonds on Friday. Hopefully, you took our LOCK recommendation last week if not then we are recommending FLOATING your Delaware mortgage rate to start the week but be very cautious as mortgage rates could continue to climb higher if the markets feel the Feds will start tapering in December 2013 versus waiting until March 2014. Keep Reading...

Delaware Mortgage Rates weekly mortgage market update for the Week of November 4, 2013, by John R. Thomas with Primary Residential Mortgage in Newark, Delaware. John Thomas is the Newark, Delaware Mortgage Branch Manager and the author of the book, Your Guide to Buying Your First Home in Delaware. Call 302-703-0727 to get a free mortgage planning consultation or APPLY ONLINE for Delaware mortgage loan

Delaware mortgage rates ended the week slightly worse than they started as mortgage bonds sold off on Friday after better than expected manufacturing news was released. If you look at the mortgage bond chart below you can see that mortgage bonds traded in a tight range and then sold off on Friday closing below the 200 days moving average. We are recommending LOCKING your Delaware Mortgage Rate to start the week as mortgage bonds could continue to sell off after closing below the 200-day moving average. Keep Reading...

Delaware Mortgage Rates weekly mortgage market update for the Week of October 28, 2013, by John R. Thomas with Primary Residential Mortgage in Newark, Delaware. John Thomas is the Newark, Delaware Mortgage Branch Manager and the author of the book, Your Guide to Buying Your First Home in Delaware. Call 302-703-0727 to get a free mortgage planning consultation or APPLY ONLINE for Delaware mortgage loan

Delaware mortgage rates moved to the lowest level in four months after the September Jobs Report released. If you look at the mortgage bond chart below you can see mortgage bonds jumped higher after the jobs report was released and pushed mortgage bonds to 4 months high. We are recommending cautiously FLOATING your Delaware mortgage rate ahead of the Federal Reserve Meeting on Wednesday. Keep Reading...

Delaware Mortgage Rates weekly market update for the Week of October 21, 2013, by John R. Thomas with Primary Residential Mortgage in Newark, Delaware. John Thomas is the Newark, Delaware Mortgage Branch Manager and the author of the book, Your Guide to Buying Your First Home in Delaware. Call 302-703-0727 to get a free mortgage planning consultation or APPLY ONLINE for Delaware mortgage loan

Delaware Mortgage Rates ended the week lower as the uncertainty in the market helped rally the bond market. If you look at the mortgage bond chart below you can see mortgage bonds closed Friday below the 200 days moving average and we are seeing a double top pattern emerge. The double top will probably cause traders to sell off and move mortgage rates higher in the short term. We are recommending LOCKING your Delaware Mortgage Rate as the risk is for rates to move higher from here after hitting 200-day moving average and the double top trading pattern. Keep Reading...