Delaware Mortgage Rates weekly mortgage rate update for the Week of May 5, 2014, by John R. Thomas with Primary Residential Mortgage, Inc. in Newark, Delaware. John Thomas is the Newark, Delaware Branch Manager and the author of the best selling book, Your Guide to Buying Your First Home in Delaware. Call 302-703-0727 to get a mortgage planning consultation or APPLY ONLINE for Delaware mortgage loan

Delaware Mortgage Rates moved lower last week as the rally in the bond continued and even bounced back after a very good jobs report on Friday.  If you look at the mortgage bond chart below you can see mortgage bonds were all green candles every day last week which means bonds closed higher than opened. As bond prices move up, mortgage interest rates move lower so last week Delaware mortgage rates continued to improve. We are recommending FLOATING your Delaware mortgage rate to start the week to see if bonds can continue to rally. Keep Reading...

Delaware Mortgage Rates weekly mortgage rate update for the Week of April 28, 2014, by John R. Thomas with Primary Residential Mortgage, Inc. in Newark, Delaware. John Thomas is the Newark, Delaware Branch Manager and the author of the best selling book, Your Guide to Buying Your First Home in Delaware. Call 302-703-0727 to get a mortgage planning consultation or APPLY ONLINE for Delaware mortgage loan

Delaware Mortgage Rates improved last week as the Stock Market sold off and tensions overseas escalated. If you look at the mortgage bond chart below you can see mortgage bonds were able to bounce off a floor of support last week and recover the losses from the previous week sell-off.  The short term trend is for mortgage rates to move lower so we are recommending FLOATING your Delaware Mortgage Rate to start the week to see if bonds can continue to rally to start the week. Keep Reading...

Delaware Mortgage Rates weekly rate update for the Week of April 21, 2014, by John R. Thomas with Primary Residential Mortgage, Inc. in Newark, Delaware. John Thomas is the Newark, Delaware Branch Manager and the author of the best selling book, Your Guide to Buying Your First Home in Delaware. Call 302-703-0727 to get a mortgage planning consultation or APPLY ONLINE for Delaware mortgage loan

Delaware Mortgage Rates jumped higher on Thursday as mortgage bonds sold off and broke below the line of support. If you look at the mortgage bond chart below you can see the big red candle on Thursday showing the bond market selling off. Last week bonds drifted lower on Monday and Tuesday and tried to stabilize on Wednesday and Thursday but then sold off on Friday. We are recommending FLOATING your Delaware Mortgage Rate to start the week to see if mortgage bonds can rally after the sell-off. Keep Reading...

Delaware Mortgage Rates weekly mortgage rate update for the Week of March 17, 2014, by John R. Thomas with Primary Residential Mortgage, Inc. in Newark, Delaware. John Thomas is the Newark, Delaware Branch Manager and the author of the best selling book, Your Guide to Buying Your First Home in Delaware. Call 302-703-0727 to get a mortgage planning consultation or APPLY ONLINE for Delaware mortgage loan

Delaware Mortgage Rates were able to move lower last week as mortgage bonds were able to rally on a falling stock market. If you look at the mortgage bond chart below you can see bonds were able to bounce off a layer of support and move higher putting mortgage interest rates near historically low levels. We are recommending cautiously FLOATING your Delaware mortgage rate to start the week but be on guard to lock as when bonds hit this high level they have turned lower over the last couple of weeks. Keep Reading...

Delaware Mortgage Rates weekly mortgage rate update for the Week of February 24, 2014, by John R. Thomas with Primary Residential Mortgage, Inc. in Newark, Delaware. John Thomas is the Newark, Delaware Branch Manager and the author of the best selling book, Your Guide to Buying Your First Home in Delaware. Call 302-703-0727 to get a mortgage planning consultation or APPLY ONLINE for Delaware mortgage loan

Delaware Mortgage Rates moved higher as a two-week rally in the Stock Market pulled money from bonds and drove bond prices lower. If you look at the mortgage bond chart below you can see mortgage bonds have been selling off and moving lower since hitting high on February 17th. The short term trend is for mortgage bonds to move lower as bonds are being capped by the falling 200 days moving average. We are recommending LOCKING your Delaware mortgage rate to start the week as the short term trend is for mortgage bonds to move lower. Keep Reading...