Delaware mortgage rate weekly mortgage market update for the week of September 24, 2012, by John R. Thomas with Primary Residential Mortgage in Newark, DE. John is the Newark 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 once again set an all-time record low last week after Federal Reserve started QE3 buying of mortgage bonds. QE3 stands for Quantitative Easing Round 3 which is the Federal Reserve buying US Treasuries and Bonds to try and stimulate the economy. QE3 was announced by the Feds because the economy is still struggling and inflation is still under control. The economic news released last week was not good and helped support mortgage bonds. Keep Reading...

Delaware mortgage rate weekly mortgage market update for the week of September 17, 2012, by John R. Thomas with Primary Residential Mortgage in Newark, DE. John is the Newark 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 dropped to all-time historic lows last week on Thursday, September 13, 2012, when the Federal Reserve Chairman Ben Bernanke announced that the Feds would be instituting QE3 and would be buying mortgage bonds to the tune of 40 Billion a month. The Feds are looking to spur the economy by keeping interest rates low. The Feds will keep the bond-buying program in effect until inflation creeps up or the economy turns the corner. Keep Reading...

Delaware mortgage rate weekly mortgage market update for the week of September 10, 2012, by John R. Thomas with Primary Residential Mortgage in Newark, DE. John is the Newark 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 dropped back down to all-time historic lows to end the week after very volatile ride all week. Mortgage rates jumped up on Thursday but then fell back to all-time historic lows on Friday after the Labor Department released August 2012 Jobs Report. The jobs report was very disappointing, reporting only 96,000 new jobs created for August 2012 versus expectations of 130,000. The report also revised numbers for June 2012 and July 2012 revising the numbers down reporting that 41,000 fewer jobs were created than originally reported. Keep Reading...

Delaware mortgage rate weekly update for the week of August 27, 2012, by John R. Thomas from Primary Residential Mortgage in Newark, Delaware. John is the 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 much better than they started!  Mortgage Rates got significantly lower to end the week on August 24, 2012, as the bond market recovered much of what was lost the previous week.  Mortgage rates are once again almost at all time historic lows which makes it the perfect time to refinance your current Delaware home loan or purchase a new home in Delaware. Keep Reading...