Delaware Mortgage Loans

If you have a Delaware FHA Loan then you could qualify for a FHA Streamline Refinance.  A streamline refinance allows you to lower your mortgage rate without verifying your income or your assets.  Your credit score or report is not checked and there is no appraisal of your property.  The only thing that is checked […]

There will be a Free Budgeting Seminar on Wednesday January 14, 2009 from 6:30 PM till 8:00 PM at the Primary Residential Mortgage’s Office in Newark, Delaware.  The seminar will cover the basics of making a household budget, how to track daily, weekly, and yearly expenses, and how to use your budget as part of an overall […]

There will be a Free Seminar on Understanding Credit & Credit Repair on Saturday September 13, 2008 at Primary Residential Mortgage’s Office in Newark, DE from 10:00 AM till 12:00 PM.  The seminar will cover the current credit scoring model and go over in detail each of the 5 scoring categories along with how much each […]

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 […]

Residents of Canal Landing Development on the outskirts of Rehoboth Beach have files a lawsuit against Louis Capano & Associates and the projet’s architect and engineer.  They are charging that design flaws, sloppy work and poor supervision have serious water damage that threaten the structure of the buidlings.  The development contains $500,000 luxury townhomes.   Each […]

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 […]

There is a Free Budgeting Seminar on Wednesday August 6, 2008 from 6:30 PM till 7:30 PM at Primary Residential Mortgage’s office in Newark, Delaware.  There is still room left so call now to register 302-368-7132, ask for John Thomas or send an e-mail to DelawareMortgages@yahoo.com.  The seminar will cover how to track your income […]

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 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 very mortgage bond […]

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 […]