Tag Delaware Home Loans

Tag Delaware Home Loans

Delaware Mortgage Rate Weekly Update for May 14 2012

John Thomas May 14, 2012 Tags: , , , , , , ,

Delaware mortgage rate weekly update for the week of May 14, 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 schedule a free mortgage planning consultation or APPLY ONLINE for Delaware Mortgage Loan.

Delaware Mortgage rate weekly update by John Thomas

Delaware Mortgage Rates are still at all-time historic lows after bad news comes out of Europe last week. France elected a new president and this is the 9th new leader for the Eurozone. Greece is also back in the news and has failed to get a new government that can institute the austerity measures required for their bailout. Also in the news, the National Association of Realtors released two reports. The first report said in the 1st quarter of 2012, 74 of 146 metro cities surveyed had home prices rise. NAR also stated the inventory of existing homes for sale has decreased by 22% since this time last year and it is 41% lower than in 2007 when inventories were at the peak. Keep Reading...

Delaware Mortgage Rate Weekly Update for May 7 2012

John Thomas May 7, 2012 Tags: , , , , , ,

Delaware Mortgage Rates Weekly Update for May 7, 2012, by John R. Thomas from Primary Residential Mortgage in Newark, Delaware. John is the branch manager of the Newark office and is the author of the best selling book, Your Guide to Buying Your First Home in Delaware. John provides advice on floating or locking your Delaware mortgage interest rate each week in the update. You can call 302-703-0727 to schedule a free mortgage consultation or you can APPLY ONLINE for Delaware mortgage loan

Delaware mortgage rates weekly update by John Thomas Keep Reading...

Delaware Mortgage Rate Weekly Update for April 23 2012

John Thomas April 23, 2012 Tags: , , , , , ,

Delaware mortgage rate weekly update for the week of April 23, 2012, by John R. Thomas from Primary Residential Mortgage in Newark, Delaware.  Call 302-703-0727 for a free mortgage planning consultation or APPLY ONLINE for Delaware Mortgage Rate Quote. John is the branch manager for Primary Residential Mortgage and the author of the book, Your Guide to Buying Your First Home in Delaware.

Delaware Mortgage Rate Weekly Update by John R. Thomas with Primary Residential Mortgage

Delaware mortgage rates remained at all-time record lows last week. My advice is to LOCK your Delaware mortgage interest rate to take advantage of these record low rates. Corporations have been reporting very good earnings which could move the bond market lower if continues this week which would move mortgage rates higher. Keep Reading...

Delaware Mortgage Rates Weekly Update – April 16 2012

John Thomas April 16, 2012 Tags: , , , , , ,

Delaware mortgage rates weekly update for the week of April 16, 2012, from John R. Thomas with Primary Residential Mortgage in Newark, Delaware.  Advice on floating or locking your Delaware mortgage interest rate and update on the latest financial news affecting mortgage rates. Call 302-703-0727 to schedule a free mortgage consultation or APPLY ONLINE for Delaware Mortgage Loan.

Delaware mortgage rate weekly update with John R. Thomas

Delaware mortgage rates once again have touched all-time lows as the mortgage bond market has been able to recover over the last 2 weeks after a Three-week sell-off. The big interest rate mover last week were the two reports on inflation which showed inflation subdued. The PPI (Producer Price Index) was released and came in at expectations which were great news. The PPI is a measure of wholesale inflation which measures the cost to produce goods and services. The CPI (Consumer Price Index) was also released last week and came in at expectations as well which was also good news. The CPI came in at 2.3% and this measures inflation at the consumer level. Keep Reading...

Delaware Mortgage Rates Weekly Update March 26 2012

John Thomas March 26, 2012 Tags: , , , , ,

Delaware mortgage rates weekly update for the week of March 26, 2012, by John R. Thomas with Primary Residential Mortgage.  Advice on mortgage loans and floating or locking your Delaware mortgage interest rate. Call 302-703-0727 for a free mortgage consultation or APPLY ONLINE

Delaware Mortgage Rate Weekly Update with John R. Thomas – NMLS 38783

Delaware mortgage rates have continued the slow rise that started 2 weeks ago as the mortgage bond keeps trending lower causing home loan rates to slowly increase. The housing-related news released last week showed the housing market is still weak. Housing Market hit a pot hole in February, the Existing home sales fell 0.9% and New home sales fell 1.6% in February which was below expectations.

The slower housing market and rising interest rates are causing the Federal Reserve to consider QE3 which would be another round of bond buying.  The goal of QE3 would be to help keep interested rates low to bolster the weak housing market.  The Federal Reserve has stated it would keep the Fed Funds Rate low until 2014. But Federal Nominee stated that Strong Recovery May Speed 2014 Rate Hike.

If you are purchasing or refinancing a home in Delaware then you should consider LOCKING your Delaware mortgage interest rate as home loan rates could continue to rise if the Bond market follows the downward trend. If you would like to schedule a free mortgage loan consultation you can call 302-703-0727 or you can APPLY ONLINE FOR MORTGAGE APPLICATION.

John R. Thomas – NMLS 38783

Certified Mortgage Planner – Primary Residential Mortgage, Inc.

302-703-0727 DE Office / 610-906-3109 PA Office / 410-412-3319 MD Office

248 E Chestnut Hill Rd, Newark, DE 19713

Delaware Mortgage Rates Weekly Update for January 23, 2012

John Thomas January 23, 2012 Tags: , , , ,

Delaware mortgage rates weekly update for the week of January 23, 2012, brought to you by John R. Thomas from Primary Residential Mortgage. Call 302-703-0727 to request a free mortgage planning consultation or APPLY ONLINE.

Delaware Mortgage Rates Weekly Update for January 23, 2012

Delaware mortgage rates opened worse today as the mortgage bond market sold off last week. Mortgage bonds are off their all-time highs so Delaware mortgage rates have increased from the all-time historic lows. The reading on inflation last week came our hotter than expected for the Producer Price Index at about 3%. News of a deal almost reached for solving the debt problem in Greece also was seen as good news so traders were moving money out of the bonds and into stocks.

Short term I recommend LOCKING your Delaware mortgage interest rate but longer term I would still recommend floating as there is still no solution to Europe’s debt problem and the economy here in the US is just not very strong.

If you would like to discuss obtaining a mortgage for the purchase of a home or refinancing your existing home, call us at 302-703-0727 for a free consultation or you can APPLY ONLINE.

John R. Thomas – NMLS 38783

Certified Mortgage Planner – Primary Residential Mortgage, Inc.

302-703-0727 DE Office / 610-906-3109 PA Office / 410-412-3319 MD Office

248 E Chestnut Hill Rd, Newark, DE 19713

Delaware Mortgage Rates Weekly Update – January 3, 2012

John Thomas January 3, 2012 Tags: , ,

Delaware Mortgage Rates Weekly Update for January 3 , 2012

Delaware mortgage rates are still at all-time historic lows which makes it the perfect time to refinance or purchase a new home. Call 302-703-0727 to apply now for a Delaware Home Loan or you can APPLY ONLINE. Mortgage Bonds started off the new year trading lower but recovered and ended at close to historically high level. The troubles in Europe are still causing traders to seek the safe haven trade of US bonds and treasuries.

I am recommending LOCKING your Delaware mortgage rate for the short term as rates are at all-time lows so the risk is that they will rise short term.  Long term out past 30 days you can float your rate. Call 302-703-0727 to have a free mortgage planning consultation or you can APPLY ONLINE.

John R. Thomas – NMLS 38783

Certified Mortgage Planner – Primary Residential Mortgage, Inc.

302-703-0727 DE Office / 610-906-3109 PA Office / 410-412-3319 MD Office

248 E Chestnut Hill Rd, Newark, DE 19713

The Basics of Buying a Home in Delaware

John Thomas September 7, 2007 Tags: , , , , ,

If you know what to expect and have a trusted team of real estate and mortgage-lending professionals guide you finding and financing your first home in Delaware can be an exciting and rewarding experience.There’s great personal satisfaction in having a home you can call your own and pass on to future generations. At Primary Residential Mortgage, We are committed to helping you enjoy every benefit of home ownership.

There’s great personal satisfaction in having a home you can call your own and pass on to future generations. At Primary Residential Mortgage, We are committed to helping you enjoy every benefit of home ownership.

Moving from Renter to Owner Is Easier than You Imagined

We offer a broad range of programs that help Delaware first-time home buyers achieve their goals including low- and no-down-payment programs, 100% Financing, Purchase & Refinance loans, programs for credit-challenged customers and more! With a dedication to excellent customer service, we can tailor a program to your needs. If you don’t qualify, we won’t turn you away, we will enroll you in our Get Mortgage Ready Program. So if you have been turned down before or a lender just won’t call you back after seeing that you have some credit challenges, then call me today at 302-703-0727 to enroll in our Get Mortgage Ready Program.

Here’s What You Need to Know:

Obtain Mortgage Preapproval Before You Begin House Hunting in Delaware

  • Learn how much financing is available to you
  • Strengthen your bargaining position with sellers

Choose a Real Estate Agent

  • Ask your mortgage planner to recommend agents they work with
  • Select a reputable professional who’ll listen to your needs and make you feel comfortable
  • Ask agents for references from former clients

Find the Right Home in Delaware

  • Determine the needs of you and your family
  • Create a wish list of desirable features for your new Delaware Home
  • Take notes as you preview homes in Delaware
  • Keep Reading...