Tag mortgage loans

Tag mortgage loans

Delaware Mortgage Rates Weekly Mortgage Market Update October 8, 2012

John Thomas October 6, 2012 Tags: , , , , , , ,

Delaware mortgage rate weekly mortgage market update for the week of October 8, 2012, by John R. Thomas with Primary Residential Mortgage in Newark, DE. John is the Newark 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 are still at all-time historic lows but the mortgage bond sold off to end the week as some good economic news was released.  Rates did move up to end the week but still remain new all-time historic lows. The big report that moved home loan rates higher was the unemployment rate for September 2012 had a drastic one month from 8.1% to 7.8%. This is the lowest since reading since 2009 and the first time unemployment number dropped below 8% in 44 months. The labor market created 114,000 jobs which were in line with expectations of 115,000 which wouldn’t have lowered the unemployment.  The rate dropped because job reports for August and July were revised much higher. Keep Reading...

Delaware Mortgage Rates Weekly Mortgage Market Update October 1 2012

John Thomas October 1, 2012 Tags: , , , , , , ,

Delaware mortgage rate weekly mortgage market update for the week of October 1, 2012, by John R. Thomas with Primary Residential Mortgage in Newark, DE. John is the Newark 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 have improved since the Federal Reserve started its QE3 program. Home loan rates have continued to move lower and set a new record low on September 26, 2012. They did move slightly higher on Thursday and Friday but are still near all-time record lows. We are recommending LOCKING your Delaware mortgage rate to take advantage of these all-time record low rates. Keep Reading...

Delaware Mortgage Rates Weekly Mortgage Market Update September 24, 2012

John Thomas September 23, 2012 Tags: , , , , , , ,

Delaware mortgage rate weekly mortgage market update for the week of September 24, 2012, by John R. Thomas with Primary Residential Mortgage in Newark, DE. John is the Newark 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 once again set an all-time record low last week after Federal Reserve started QE3 buying of mortgage bonds. QE3 stands for Quantitative Easing Round 3 which is the Federal Reserve buying US Treasuries and Bonds to try and stimulate the economy. QE3 was announced by the Feds because the economy is still struggling and inflation is still under control. The economic news released last week was not good and helped support mortgage bonds. Keep Reading...

Delaware Mortgage Rates Weekly Mortgage Market Update September 17, 2012

John Thomas September 16, 2012 Tags: , , , , , , ,

Delaware mortgage rate weekly mortgage market update for the week of September 17, 2012, by John R. Thomas with Primary Residential Mortgage in Newark, DE. John is the Newark 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 dropped to all-time historic lows last week on Thursday, September 13, 2012, when the Federal Reserve Chairman Ben Bernanke announced that the Feds would be instituting QE3 and would be buying mortgage bonds to the tune of 40 Billion a month. The Feds are looking to spur the economy by keeping interest rates low. The Feds will keep the bond-buying program in effect until inflation creeps up or the economy turns the corner. Keep Reading...

Delaware Mortgage Rates Weekly Mortgage Market Update for September 10, 2012

John Thomas September 9, 2012 Tags: , , , , , , ,

Delaware mortgage rate weekly mortgage market update for the week of September 10, 2012, by John R. Thomas with Primary Residential Mortgage in Newark, DE. John is the Newark 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 dropped back down to all-time historic lows to end the week after very volatile ride all week. Mortgage rates jumped up on Thursday but then fell back to all-time historic lows on Friday after the Labor Department released August 2012 Jobs Report. The jobs report was very disappointing, reporting only 96,000 new jobs created for August 2012 versus expectations of 130,000. The report also revised numbers for June 2012 and July 2012 revising the numbers down reporting that 41,000 fewer jobs were created than originally reported. Keep Reading...

Delaware Mortgage Rates Weekly Mortgage Market Update for September 3, 2012

John Thomas September 3, 2012 Tags: , , , , , , , ,

Delaware mortgage rate weekly mortgage market update for the week of September 3, 2012, by John R. Thomas with Primary Residential Mortgage in Newark, DE. John is the Newark 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 dropped significantly on Friday as the mortgage bonds soared along with Stocks, Bonds, Gold, and Oil. The markets all soured on news from Jackson Hole Economic Policy Symposium held Friday, August 31, 2012, which has been held every year since 1978. Federal Reserve Chairman Ben Bernanke pretty much said that QE3 is coming because of how bad the US economy is doing that it needs further stimulus. The news of Quantitative Easing Round 3 sent the markets sour. Keep Reading...

Delaware Mortgage Rates Weekly Update August 27 2012

John Thomas August 26, 2012 Tags: , , , , , , ,

Delaware mortgage rate weekly update for the week of August 27, 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 rates ended the week much better than they started!  Mortgage Rates got significantly lower to end the week on August 24, 2012, as the bond market recovered much of what was lost the previous week.  Mortgage rates are once again almost at all time historic lows which makes it the perfect time to refinance your current Delaware home loan or purchase a new home in Delaware. Keep Reading...

Delaware Mortgage Rates Weekly Update August 20, 2012

John Thomas August 20, 2012 Tags: , , , , , , , ,

Delaware mortgage rate weekly update for the week of August 20, 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 rates increased again last week as money moved out of the bond market into the Stock Market. Mortgage bonds have been selling off since reaching an all-time record high on July 24, 2012. As the mortgage bonds sell off the interest rates increase. There has been mixed news in the last week some good and some bad. The good news for the economy started with the release of the Retail Sales Report for July 2012 which came in much better than expected at 0.8%. Building Permits across the United States also increased to a four-year high for July 2012. Keep Reading...