Delaware Mortgage Loans

This is my daily advice on Locking or Floating your Delaware Mortgage Rate for Thrusday August 7, 2008.
The mortgage rates have risen dramatically this week because of the Fed Meeting on Tuesday and the report of a huge loss at Freddie Mac.  If you haven’t already locked your Delaware mortgage rate, then your best bet […]

This is my daily advice on floating or locking your Delaware Mortgage Rate for your Delaware Home Loan.
The bond market is getting beaten back from the 25 day moving average.  Bonds are trading lower today as stocks rally ahead of Feds decision.   The outlook for the rest of the week is gloomy for Mortgage Bonds.  […]

This is my daily advice on floating or locking your Delaware Mortgage Rate for August 4, 2008.
The Core PCE (Personal Consumption Expediture) was up 0.3% which is greater than the consensus of 0.2%.  This is mortgage market unfriendly news along with income up 0.1% which consensus had at -0.2%.  This income factor was affected by […]

Here is the announcement published July 30, 2008 from USDA; 
Additional Funding Imminent for Guaranteed Loan Program
As credit concerns have tightened access to mortgage funding in the United States this year, a record volume of requests have come in to USDA Rural Development for Section 502 Guaranteed loans. We appreciate the hard work that you, our […]

This is my daily advice on whether to float or lock your Delaware Mortgage Rate for August 1, 2008.
The jobs loss claims came in better than expected today 52,000 claims versus projections of 72,000.  This is unfriendly news for Delaware mortgage rates which initially caused bonds to move slightly lower.  As the traders have digested […]

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 the […]

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.  We […]

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 technicals […]

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 lender doesn’t […]

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 Loan […]