Tag Delaware Refinance

Tag Delaware Refinance

Delaware Mortgage Rates Weekly Mortgage Market Update for April 15, 2013

John Thomas April 14, 2013 Tags: , , , , , ,
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Delaware mortgage rate weekly mortgage market update for the week of April 15, 2013 by John R. Thomas with Primary Residential Mortgage in Newark, Delaware. John is the Newark, Delaware Mortgage 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 rates moved higher at the beginning of last week but were able to rebound and move back toward some of the lowest rates of the year for 2013.  As you can see in the Bond Chart below, mortgage bonds sold off to the start the week but were able to bounce off support on Thursday and ended the week almost back to the high for the year for mortgage bonds.  We recommend carefully FLOATING to start the day Monday as mortgage bonds are at the best levels of the year and could fall lower causing home loan rates to move higher. Keep Reading...

Delaware Mortgage Rates Weekly Update for April 8, 2013

John Thomas April 7, 2013 Tags: , , , , , ,
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Delaware mortgage rate weekly mortgage market update for the week of April 8, 2013 by John R. Thomas with Primary Residential Mortgage in Newark, Delaware. John is the Newark, Delaware Mortgage 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 rates improved last week by dropping lower after the mortgage bond market was able to mount a rally last week from a string of poor economic reports.  If you look at the bond chart below you can see mortgage bonds started the week with a rally on Monday, rallied again on Thursday and jumped up the line of resistance on Friday to end the week at almost the best level of the year. Keep Reading...

Delaware Mortgage Rates Weekly Mortgage Market Update for March 25, 2013

John Thomas March 25, 2013 Tags: , , , , , , ,
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Delaware mortgage rate weekly mortgage market update for the week of March 25, 2013 by John R. Thomas with Primary Residential Mortgage in Newark, Delaware. John is the Newark, Delaware Mortgage 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 rates were able to improve last week as the mortgage bond market continue the rally from the previous.  You can see on the chart below that mortgage bonds have traded in a tight channel since the big sell off in January. We are recommending FLOATING your Delaware mortgage rate to start the week to see if mortgage bonds can move higher and test the resistance at the 200 day moving average.  If bonds open on Monday and make a move lower then we will switch to a LOCKING stance. Keep Reading...

Delaware Mortgage Rate Weekly Update for March 18, 2013

John Thomas March 18, 2013 Tags: , , , , , , , ,

Delaware mortgage rate weekly update for the week of March 18, 2013 by John Thomas with Primary Residential Mortgage in Newark, Delaware. John is the Newark, Delaware Mortgage 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 rates were able to move slighly lower last week from hitting highest level since August 2012 on Monday.  Mortgage bonds were able to bounce off support on Tuesday moved higher to end the week as you can see from the Bond Chart below.  Mortgage bonds have a long way to go in order to recover back to levels seen before the big sell off. Keep Reading...

Delaware Mortgage Rates Weekly Mortgage Market Update for March 11, 2013

John Thomas March 10, 2013 Tags: , , , , , , ,
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Delaware mortgage rates weekly mortgage market update for the week of March 11, 2013 by John Thomas with Primary Residential Mortgage in Newark, Delaware. John is the Newark, Delaware Mortgage 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 rates moved sharply higher last week to end the week as the Stock Market set another all time record high!  If you look at the mortgage bond chart below you can see that mortgage bonds sold off for the last 6 days in a row moving money out of bonds into stocks.  The downward trend in mortgage bonds has resumed as you can see from the arrow.  We are recommending very cautiously FLOATING your Delaware mortgage rate to start the week as the damage has already been done.  If mortgage bonds can’t recover on Monday morning then we will quickly switch to LOCKING stance. Keep Reading...

Delaware Mortgage Rates Weekly Mortgage Market Update for March 4, 2013

John Thomas March 3, 2013 Tags: , , , , , , ,
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Delaware mortgage rate weekly mortgage market update for the week of March 4, 2013 by John Thomas with Primary Residential Mortgage in Newark, Delaware. John is the Newark, Delaware Mortgage 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 rates were finally able to stop moving higher and improve slightly to end the week last Friday.  If you look at the chart you can see mortgage bonds had a big rally on Monday to start the week with the big green candlestick.  This rally was fueled by a big drop in the stock market.  Mortgage bonds were able to continue upward trend for the rest of the week which helped home loan rates improve.  We are recommending LOCKING your Delaware mortgage rate to start the week as mortgage bonds have been capped at the 200 day moving average and if fail to break above it could sell off again and rates could move higher. Keep Reading...

Delaware Mortgage Rates Weekly Update for February 25, 2013

John Thomas February 24, 2013 Tags: , , , , , , ,
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Delaware mortgage rate weekly mortgage market update for the week of February 25, 2013 by John Thomas with Primary Residential Mortgage in Newark, Delaware. John is the Newark, DE 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 rates appeared to stabalize last week as the mortgage bonds tried to hammer out a bottom of support.  We are recommending FLOATING your Delaware mortgage rate to see if mortgage bonds can move higher from recent lows which would allow interest rates to move lower.  If you look at the bond chart below you can see mortgage bonds traded in a tight range last week and stopped the drop lower that has happen every week since the beginning of the year. Keep Reading...

Delaware Mortgage Rates Weekly Update February 18, 2013

John Thomas February 18, 2013 Tags: , , , , , , ,
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Delaware mortgage rate weekly mortgage market update for the week of February 18, 2013 by John Thomas with Primary Residential Mortgage in Newark, Delaware. John is the Newark, DE 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 rates continued their slow trek higher last week as mortgage bonds sold off to end the week.  The stock market continues to rally and set a new record high.  Money is continuing to move out of bonds inot the stock market which is causing home loan rates to move higher.  The bond chart below shows we are still trending lower for mortgage bonds and setting lower lows on the chart.  This means it is prudent to LOCK your Delaware mortgage rate for any short term transactions closing in the next 30 days.  Long term you can float as the stock market should pull back from its long run up and this would move home loan rates lower. Keep Reading...