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Delaware Mortgage Rates Weekly Mortgage Market Update for September 10, 2012

John Thomas September 9, 2012 Tags: , , , , , , ,

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

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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 Rates Weekly Mortgage Market Update for September 3, 2012

John Thomas September 3, 2012 Tags: , , , , , , , ,

Delaware mortgage rate weekly mortgage market update for the week of September 3, 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

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Delaware mortgage rates dropped significantly on Friday as the mortgage bonds soared along with Stocks, Bonds, Gold, and Oil. The markets all soured on news from Jackson Hole Economic Policy Symposium held Friday, August 31, 2012, which has been held every year since 1978. Federal Reserve Chairman Ben Bernanke pretty much said that QE3 is coming because of how bad the US economy is doing that it needs further stimulus. The news of Quantitative Easing Round 3 sent the markets sour. Keep Reading...

Delaware Mortgage Rates Weekly Update August 27 2012

John Thomas August 26, 2012 Tags: , , , , , , ,

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

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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...

Dover Delaware First Time Home Buyer Seminar Septembe 25 2012

John Thomas August 24, 2012 Tags: , , , , ,

Free Delaware First Time Home Buyer Seminar on Tuesday, September 25, 2012, at 6:30 PM in Dover, Delaware. The seminar will last about 2 hours and each participant will be able to receive a free 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.

Each participant will receive a Free Credit Scoring Handbook, Free Homebuying Handbook, and an opportunity to meet with a 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. Your presenter is the author of the new book, Your Guide to Buying Your First Home in Delaware. The Seminar is being held at The Seminar is being held at The Sheraton Hotel at 1570 North DuPont Highway, Dover, DE 19901Seminar is from 6:30 PM till 8:30 PM. To register for the seminar, please call 302-703-0727. You can also e-mail me at DelawareMortgages@yahoo.com or you can register online at www.delawarehomebuyerseminar.com For a Complete list of seminars visit www.DelawareMortgageLoans.net/seminars

If you would like to apply for a Mortgage Loan, you can APPLY ONLINE HERE, you can call John Thomas at 302-703-0727. Keep Reading...

Delaware First Time Home Buyer Seminar September 22 2012

John Thomas August 20, 2012 Tags: , , , , ,

Delaware First Time Home Buyer Seminar

There will be a Free Delaware First Time Home Buyer Seminar on Saturday, September 22, 2012, at 10:00 AM till Noon and again at 1:00 PM till 3:00 PM. The seminar will last about 2 hours and each participant will be able to receive a free 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. Keep Reading...

Delaware Mortgage Rates Weekly Update August 20, 2012

John Thomas August 20, 2012 Tags: , , , , , , , ,

Delaware mortgage rate weekly update for the week of August 20, 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

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Delaware mortgage rates increased again last week as money moved out of the bond market into the Stock Market. Mortgage bonds have been selling off since reaching an all-time record high on July 24, 2012. As the mortgage bonds sell off the interest rates increase. There has been mixed news in the last week some good and some bad. The good news for the economy started with the release of the Retail Sales Report for July 2012 which came in much better than expected at 0.8%. Building Permits across the United States also increased to a four-year high for July 2012. Keep Reading...

Delaware FHA Streamline Refinance Guidelines 2012

John Thomas August 13, 2012 Tags: , , , , ,

Delaware FHA Streamline Refinance Guidelines 2012

If you currently have an FHA Loan then you are eligible to refinance your existing Delaware FHA loan using the streamline refinance guidelines.  The guidelines are different depending on when your current FHA loan was delivered by your lender to FHA after it was originated. If your loan was delivered to FHA before June 1, 2009, then you can take advantage of the new refinance guidelines put into place by President Obama that took effect on June 11, 2012. If your loan was delivered to FHA after June 1, 2009, then you must use the FHA Streamline Refinance guidelines that took effect on April 9, 2012. Apply Now for an FHA Streamline Refinance by calling 302-703-0727 or APPLY ONLINE for Delaware FHA Streamline Refinance Keep Reading...

Delaware Mortgage Rates Weekly Update August 13, 2012

John Thomas August 12, 2012 Tags: , , , , , , , ,

Delaware mortgage rate weekly update for the week of August 13, 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

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Delaware mortgage rates increased to end the week last week as some better than expected news on the economy helped boost stocks and pulled money out of bonds. We saw the Labor Department release Initial jobless claims for the week of August 4, 2012, which saw lower than expected jobless claims. 361,000 new claims were filed versus 370,000 expected.  Long term we still see mortgage interest rates staying near historic lows but short term we could see rates rise so we are recommending LOCKING in your Delaware Mortgage rate. Keep Reading...