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Sz Blogs Call 302-703-0727 to schedule a free mortgage planning appointment orPosted in Delaware Mortgage Loans | 1 Comment »
February 13th, 2012 by John Thomas
Delaware Morgage Rates Weekly Update for February 13, 2012 by John R. Thomas with Primary Residential Mortgage in Newark, Delaware. Call 302-703-0727 for a free mortgage planning consultation or Delaware mortgage rates have started the week slightly higher as bond market has sold off last week and started a downward trend. When bond prices move down mortgage interest rates move up. The stock market has been having a great start to 2012, S&P is up 7.5% year to date as of February 10, 2012, this has taken money out of the bond market causing home loan rates to rise from historic lows.
Big news is the Federal Government annouced a landmark case agaisnt 5 largest banks that has set a 25 Billion Dollar settlement agreement for Foreclosure Abuses from 2008 till December 2011. Most of the settlement money is to be used to help underwater homeowners who are current on their mortgages. No details have been released as of yet.
I would recommend locking in your Delaware mortgage interest rate if you are closing in the next 30 days as mortgage rates could be pushed higher in the short term. If you would like to schedule a free mortgage planner consultation by calling 302-703-0727 or you can Posted in Delaware Mortgage Rates | No Comments »
February 9th, 2012 by John Thomas
Six Reason Why Now is a Perfect Time to Buy a Home in Delaware by John R. Thomas from Primary Residential Mortgage and Jeff Garvey from Keller Williams Realty. Call 302-703-0727 to get qualified for a mortgage to purchase or refinance a home in Delaware. You can also Posted in Delaware Mortgage Loans | No Comments »
February 8th, 2012 by John Thomas
Primary Residential Mortgage in Newark, Delaware is proud to annouce that Chris Rowe (NMLS 143755) has been hired as a Mortgage Planner and Realtor Educator. Chris brings a wealth of mortgage industry knowledge and experience and PRMI is looking forward to partnering with Chris to help grow the Newark, Delaware branch.
Chris Rowe is recognized as the local expert on FHA 203k Rehab loans and Fannie Mae Home Path Renovation loans. Chris is bringing his knowledge and experience of working with distressed properties to Primary Residential Mortgage to help home buyers and realtors purchase homes that don’t qualify for traditional financing.
Chris Rowe will also be helping expand the very successful Monthly First Time Home Buyer Seminar series that PRMI runs every month in Newark, Delaware to the Dover area. You can get more information on the monthly seminars at www.DelawareHomeBuyerSeminar.com
The branch manager and author of the book Your Guide to Buying Your First Home in Delaware, John R. Thomas was quoted as saying “We are very happy to have Chris Rowe join us at PRMI. Chris will add his unique skills as an innovative marketer and realtor educator to our track record of educating home buyers and ensuring loans close on time.”
If you would like to apply for a Delaware home loan you can call 302-703-0727 or Posted in Delaware Mortgage Loans | No Comments »
February 7th, 2012 by John Thomas
Delaware Mortgage Rates weekly update for week of February 6, 2012 by John R. Thomas from Primary Residential Mortgage. Call 302-703-0727 to get a free mortgage consultation or Delaware mortgage rates by John R. Thomas
Delaware mortgage rates have started the week higher because of unexpected increase in the nonfarm payroll at 243,000 jobs created versus the 170,000 expected. This was good news so the stock market rallied pulling money out of the bond marketing causing interest rates to rise. Delaware mortgage rates are still near all time historic lows so now is a great time to purchase a new home in Delaware or refinance your current mortgage loan.
I would recommend LOCKING your Delaware mortgage interest rate if you are closing in the next 15 days as rates could rise more in the short term. If closing in more than 30 days I would Float my mortgage rate. If you would like a free mortgage consultation please call 302-703-0727 or you can Posted in Delaware Mortgage Rates | No Comments »
January 30th, 2012 by John Thomas
Delaware mortgage rates weekly update for January 30, 2012 by John R. Thomas from Primary Residential Mortgage. Call 302-703-0727 for a free mortgage consultation if you are planning to purchase or refinance a home in Delaware or Delaware mortgage rates weekly update for January 30 2012
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