This is my daily advice on floating or locking your Delaware Mortgage Rate for July 31, 2008. If you took my advice and floated yesterday, then you will be very happy because the mortgage bonds finished up yesterday and are off to a great start today. Look at the graph from yesterday. We had some… Continue Reading
Monthly Archives: July 2008
Delaware Mortgage Rates – Market Update – July 30, 2008
This is your daily advice on floating or locking your Delaware Mortgage Rate. The mortgage bond market is looking to have a pretty good day even though it started off on a dip this morning from a better than expected jobs report. There isn’t much other data coming in so technically bonds should improve on… Continue Reading
Delaware Mortgage Rates – Market Update – July 29, 2008
This is my daily advice on floating or locking your Delaware Mortgage Rate for July 29, 2008. Mortgage Backed Securities started off the day with a big drop which caused rates to come out lower this morning than they ended yesterday. If you didn’t lock yesterday than floating today would have made the most sense. … Continue Reading
Delaware Adjustable Rate Mortgages
Adjustable rate Mortgages (ARMs) are loans with interest rates that can change. ARMs usually start with lower monthly payments than fixed rate mortgages. With a fixed rate mortgage, the interest rate stays the same during the life of the loan. With an ARM, the interest rate changes periodically, usually in relation to an index, and payments… Continue Reading
Delaware Mortgage Rates – Market Update – July 28, 2008
Your Daily Advice on whether to float or lock your Delaware Mortgage Rate for your Delaware Home Loan for July 28, 2008. Mortgage Backed Securities (MBS) are techinically looking for a rebound this week and have started off the day up. There isn’t much scheduled news this week to move the Bond Market so the… Continue Reading
Delaware First Time Home Buyer Seminar – August 23, 2008
There will be a Free Delaware First Time Home Buyer Seminar on Saturday August 23, 2008 at 10:00 AM. The seminar will last about 2 hours and each participate will be able to recieve a free copy of their tri-merge credit report. The seminar will cover all of the basics of buying a new home in… Continue Reading
Realtor Seminar – Keys to Government Financing – Aug. 20, 2008
There will be a free seminar for real estate professionals on The Keys to Government Financing. The seminar will be on August 20, 2008 and will from 12:30 PM till 2:00 PM with lunch provided and again at 6:30 PM till 8:00 PM with Dinner provided. The seminar is being held at 256 Chapman Rd, Suite… Continue Reading
Delaware Mortgage Rates – Market Update – July 24, 2008
Here are the daily thoughts on floating or locking your Delaware Mortgage Rate for today. The bond market is rallying today and looks to continue that rally. Lenders will probably even reprice Delaware Mortgage Rates for the better at some point today. My advice is to keep floating your Delware Mortgage Rate into tomorrow. If you… Continue Reading
Delaware Mortgage Rates – Market Update – July 23, 2008
My advice on were to float or lock your Delaware Mortgage Rate for July 23, 2008 is to float because mortgage bonds have bounced off their lows for the year and are trading in an upward trending channel. This technically could cause a nice bounce up for mortgage bonds. I recommend floating your Delaware Home… Continue Reading
Delaware Mortgage Rates – Market Update – July 22, 2008
Here are the daily thoughts on floating or locking your Delaware Mortgage Rate. As always – consult your favorite mortgage professional who will be able to offer the best advice for YOUR unique situation. In Philadelphia today, Fed Posser made comments about higher inflation and a need for a rate hike by the Feds coupled… Continue Reading