Tag Delaware Mortgage Rates

Tag Delaware Mortgage Rates

Mortgage Rates Weekly Update [June 2 2019]

John Thomas June 2, 2019 Tags: ,
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Mortgage Rates Weekly Update for June 2, 2019

Mortgage Rates Update for June 2, 2019 by John R. Thomas with Primary Residential Mortgage, Inc. in Newark, Delaware. Get advice on Locking or Floating your Mortgage Rate to start the week as well as the latest housing and finance news updates. John Thomas is the Branch Manager, a Delaware Loan Officer and the author of the best selling book, Your Guide to Buying Your First Home in Delaware. Call 302-703-0727 for a Rate Quote or Apply Online for Rate Quote

Mortgage Rates ended last week at the lows of the year as mortgage bonds were able to break above a very tough ceiling of resistance after stock market sold off from Tariffs threatened against Mexico by President Trump. If you look at the mortgage bond chart below, you can see the big green candle on Friday that closed well above ceiling of resistance. If mortgage bonds can confirm this break above the resistance on Monday then we could see mortgage rates move even lower so we are recommending FLOATING Your mortgage rate to start the week. Keep Reading...

Mortgage Rates Weekly Update [May 20 2019]

John Thomas May 20, 2019 Tags: ,
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Mortgage Rates Weekly Update for May 20, 2019

Mortgage Rates Update for May 20, 2019 by John R. Thomas with Primary Residential Mortgage, Inc. in Newark, Delaware. Get advice on Locking or Floating your Mortgage Rate to start the week as well as the latest housing and finance news updates. John Thomas is the Branch Manager, a Delaware Loan Officer and the author of the best selling book, Your Guide to Buying Your First Home in Delaware. Call 302-703-0727 for a Rate Quote or Apply Online for Rate Quote

Mortgage Rates ended the week last week where they started but move higher to start this week as mortgage bonds failed to close above resistance. If you look at the mortgage bond chart below you can see mortgage bonds lost momentum last Thursday after mortgage bonds fell back below resistance. Then mortgage bonds sold off again on Friday after failing to move above resistance. Monday mortgage bonds fell through to the downside and mortgage rates moved higher. We recommend LOCKING your mortgage rate since bonds are selling off in the short term. Keep Reading...

Mortgage Rates Weekly Update [May 12 2019]

John Thomas May 12, 2019 Tags: ,
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Mortgage Rates Weekly Update for May 12, 2019

Mortgage Rates Update for May 12, 2019 by John R. Thomas with Primary Residential Mortgage, Inc. in Newark, Delaware. Get advice on Locking or Floating your Mortgage Rate to start the week as well as the latest housing and finance news updates. John Thomas is the Branch Manager, a Delaware Loan Officer and the author of the best selling book, Your Guide to Buying Your First Home in Delaware. Call 302-703-0727 for a Rate Quote or Apply Online for Rate Quote

Mortgage Rates ended the week right where they started as mortgage bonds failed to mount a rally. If you look at the mortgage bond chart below, you can see mortgage bonds rallied each day with long candle but closed down with the red candle. Mortgage bonds still closed above the 25 day moving average which is acting as a strong floor of support so we are recommending FLOATING Your mortgage rate to see if bonds can mount a rally and move mortgage interest rates lower. Keep Reading...

Mortgage Rates Weekly Update [May 5 2019]

John Thomas May 5, 2019 Tags: ,
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Mortgage Rates Weekly Update for May 5, 2019

Mortgage Rates Update for May 5, 2019 by John R. Thomas with Primary Residential Mortgage, Inc. in Newark, Delaware. Get advice on Locking or Floating your Mortgage Rate to start the week as well as the latest housing and finance news updates. John Thomas is the Branch Manager, a Delaware Loan Officer and the author of the best selling book, Your Guide to Buying Your First Home in Delaware. Call 302-703-0727 for a Rate Quote or Apply Online for Rate Quote

Mortgage Rates ended the week about where they started after a roller coaster week for bonds. If you look at the mortgage bond chart below, you can see mortgage bonds started the week selling off on Monday with Red Candle and broke below important floor of support at 25 moving average. Bonds were able to rally higher on Wednesday after Fed Meeting but lost steam sold back off to end the day. Bonds were not able to break above the 25 day moving average until Friday when Jobs Report showed lower inflation data. Keep Reading...

Mortgage Rates Weekly Update [April 28 2019]

John Thomas April 29, 2019 Tags: ,
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Mortgage Rates Weekly Update for April 28, 2019

Mortgage Rates Update for April 28, 2019 by John R. Thomas with Primary Residential Mortgage, Inc. in Newark, Delaware. Get advice on Locking or Floating your Mortgage Rate to start the week as well as the latest housing and finance news updates. John Thomas is the Branch Manager, a Delaware Loan Officer and the author of the best selling book, Your Guide to Buying Your First Home in Delaware. Call 302-703-0727 for a Rate Quote or Apply Online for Rate Quote

Mortgage Rates moved lower last week as mortgage bonds rallied off support. If you look at the mortgage bond chart below you can see mortgage bonds rallied off floor of support on Tuesday and broke through a tough ceiling of resistance on Friday putting mortgage bonds into position to follow through and rally higher in the coming week. We are recommending FLOATING Your mortgage rate to start the week to see if mortgage bonds can stay above the 25 moving average and continue to rally higher. Keep Reading...

Mortgage Rates Weekly Update [April 14 2019]

John Thomas April 14, 2019 Tags: ,
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Mortgage Rates Weekly Update for April 14, 2019

Mortgage Rates Update for April 14, 2019 by John R. Thomas with Primary Residential Mortgage, Inc. in Newark, Delaware. Get advice on Locking or Floating your Mortgage Rate to start the week as well as the latest housing and finance news updates. John Thomas is the Branch Manager, a Delaware Loan Officer and the author of the best selling book, Your Guide to Buying Your First Home in Delaware. Call 302-703-0727 for a Rate Quote or Apply Online for Rate Quote

Mortgage Rates moved higher last week as the stock market surged. If you look at the mortgage bond chart below, you can see mortgage bonds sold off on Friday and dropped below the 25 day moving average which will now at as a ceiling of resistance. The next floor of support is the 50 day moving average. We are recommending LOCKING your mortgage rate if closing in the next 30 days as mortgage bonds have still not found a floor of support. Keep Reading...

Mortgage Rates Weekly Update [March 10 2019]

John Thomas March 11, 2019 Tags: ,
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Mortgage Rates Weekly Update for March 10, 2019

Mortgage Rates Update for March 10, 2019 by John R. Thomas with Primary Residential Mortgage, Inc. in Newark, Delaware. Get advice on Locking or Floating your Mortgage Rate to start the week as well as the latest housing and finance news updates. John Thomas is the Branch Manager, a Delaware Loan Officer and the author of the best selling book, Your Guide to Buying Your First Home in Delaware. Call 302-703-0727 for a Rate Quote or Apply Online for Rate Quote

Mortgage Rates moved lower last week after mortgage bonds were able to rally higher. If you look at the mortgage bond chart below, you can see mortgage bonds broke beneath support on Tuesday with the long candle but were able to reverse and rally higher to end the day. Bonds were able to build on this bounce off support and move higher all week to end the week in the middle of a trading channel with room to move higher. We are recommending FLOATING Your mortgage rate to start the week Keep Reading...

Mortgage Rates Weekly Update [March 3 2019]

John Thomas March 4, 2019 Tags: ,
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Mortgage Rates Weekly Update for March 3, 2019

Mortgage Rates Update for March 3, 2019 by John R. Thomas with Primary Residential Mortgage, Inc. in Newark, Delaware. Get advice on Locking or Floating your Mortgage Rate to start the week as well as the latest housing and finance news updates. John Thomas is the Branch Manager, a Delaware Loan Officer and the author of the best selling book, Your Guide to Buying Your First Home in Delaware. Call 302-703-0727 for a Rate Quote or Apply Online for Rate Quote

Mortgage Rates moved higher last week as the stock market continued to rally higher. If you look at the mortgage bond chart below, you can see mortgage bonds sold off and broke beneath three floors of support: the 25 day moving average, the 50 day moving average, and the Fibonacci level at 101.85. This is very bad news for mortgage bonds as they can’t seem to find a floor of support so we are recommending LOCKING your mortgage rate to start the week. Keep Reading...