Delaware First Time Home Buyer Seminar There will be a Free Delaware First Time Home Buyer Seminar on Saturday, July 21, 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.
(302) 703-0727
Delaware mortgage rates weekly update for June 18 2012
John Thomas
June 18, 2012
Tags: Delaware Mortgage Rates, Delaware mortgages, John Thomas, mortgage loans, primary residential mortgage
Delaware mortgage rate weekly update for the week of June 18, 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 Rate Weekly Update by John R. Thomas
Delaware mortgage rates are still at all-time historic lows following last weeks very tame reading on inflation. We saw the Consumer Price Index (CPI) come in 0.3% lower for May 2012 and the Producer Price Index (PPI) also came in below expectations for May 2012. This shows both consumer inflation and wholesale inflation are both tame which was great news for mortgage bonds. The bad economic news coming out of Europe from Greece, Spain, Portugal, and Ireland have also helped mortgage rates reach all-time record lows. The Greek people held elections on Sunday which supported the pro-austerity party.
Delaware Mortgage Rates Weekly Update – June 11 2012
John Thomas
June 11, 2012
Tags: Delaware Home Loans, Delaware Mortgage Rates, Delaware mortgages, Delaware Real Estate, John Thomas, mortgage loans, primary residential mortgage
Delaware mortgage rate weekly update for the week of June 11, 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 rate weekly update by John Thomas
Delaware mortgage rates have remained at all-time record lows as mortgage bonds have been trading on an upward trend line. Higher mortgage bond prices mean lower mortgage interest rates. Long term trend is for lower rates but short term we could some volatility and see rates move higher because of the supply of mortgage bonds hitting the market as well as treasury auction of 66 Billion in notes this week.
Delaware First Time Home Buyer Seminar – June 16 2012
John Thomas
June 10, 2012
Tags: Delaware First Time Home Buyer, Delaware First Time Home Buyer Seminar, delaware home buyer class, delaware home buyer seminar, delaware home buyer workshop
Delaware First Time Home Buyer Seminar
There will be a Free Delaware First Time Home Buyer Seminar on Saturday, June 16, 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 participate 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.
Dover Delaware First Time Home Buyer Seminar – June 19 2012
John Thomas
June 10, 2012
Tags: Delaware First Time Home Buyer, delaware home buyer seminar, Dover Delaware first time home buyer seminar
Free Delaware First Time Home Buyer Seminar on Tuesday, June 19, 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.John R. Thomas – NMLS 38783
Certified Mortgage Planner – Primary Residential Mortgage, Inc.
Delaware Mortgage Rate Weekly Update for June 4 2012
John Thomas
June 4, 2012
Tags: Delaware Home Loans, Delaware Mortgage Rates, Delaware refinances, Home buying in Delaware, John Thomas, mortgage loans, mortgage rate, mortga\ges, primary residential mortgage
Delaware mortgage rate weekly update for the week of June 4, 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 rate weekly update by John R. Thomas
Delaware mortgage rates hit another all-time record low on Friday after a very disappointing Jobs Report was released on Friday. All around bad news for the economy and the recovery. Expectations for jobs created in May 2012 was about 155,000 but the Labor Department on Friday released that only 69,000 jobs were created for May 2012. This was half of what was expected and they also revised the numbers for the last two months for the worse and said 49,000 fewer jobs were created versus what was reported. Finally, the unemployment rate actually ticked up to 8.2%.
Delaware Fannie Mae HomePath Program
John Thomas
June 3, 2012
Tags: Delaware Fannie Mae Homepath Loans, Delaware Home Loans, Fannie Mae Homepath program, mortgage loans, primary residential mortgage
Delaware Fannie Mae HomePath Program Guidelines
Fannie Mae has a great loan program that’s available to homebuyers around in Delaware. When foreclosures occur on Fannie Mae-owned properties, Fannie Mae hopes to sell those properties quickly so the community isn’t impacted too greatly. These properties are known as HomePath properties, and there are some great incentives in purchasing them throughout the state of Delaware. Highlights include:
- 97% conventional financing
- 3% down payment can be gifted/grant funds
- No appraisal (sale price = value)
- No PMI
- 6% seller concession allowable over 90%
- Investment property allows for higher LTVs
- 90% – 1 unit
- 80% – 2 unit
- 75% – 3-4 unit OR if financing properties 5-10
- Renovation program allows for the same flexibility as a standard purchase program
The bottom line is that HomePath properties offer flexibility and opportunities to save some money. So, it may be worth your time to take a look at them.
Delaware Mortgage Rate Weekly Update May 28 2012
John Thomas
May 29, 2012
Delaware mortgage rate weekly update for the week of May 28, 2012, from John R. Thomas with Primary Residential Mortgage in Newark, Delaware. Call 302-703-0727 to apply for a Delaware mortgage loan.
Delaware mortgage rate weekly update with John R. Thomas
Delaware mortgage rates are still sitting at all time historic lows so we are recommending LOCKING in your Delaware mortgage rate if you are closing your Delaware mortgage loan in the next 60 days. The crisis in Europe is still in the headlines with Greece and Spain in big trouble. This drama could still cause mortgage rates to move either direction depending on the spin on the news.
