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Archive for the 'Delaware Mortgage Rates' Category

This is my daily advice on floating or locking your Delaware Mortgage Rate for Tuesday August 26, 2008.
Monday we saw the mortgage backed securities end up which should be good for mortgage rates.  Today we had news on New home sales for July 2008 came out slightly less than expected.  Consumer Confidence came in better than expected.  The […]

This is my daily advice on whether to float or lock your Delaware Mortgage Rate for Thursday August 21, 2008.
The mortgage back securities have experienced some selling pressure this morning and the bond is down.  Lenders may come out with re-price for the worse.  With so much gain in MBS over the last couple days, […]

This is my daily advice on Floating or Locking your Delaware Mortgage Rate for Wednesday August 20, 2008.
Mortgage Backed Securities ended the day higher yesterday and have moved up above the 50 day moving average for the first time in 3 months.  There was bad news released for both Fannie Mae and Freddie Mac again.  […]

This is my daily advice on floating or locking your Delaware mortgage rate for Tuesday August 19, 2008.
The release of the Producer Price Index (PPI) today came out really high.  It rose 1.2% for July 2008 which is more than double expectations.  The Core PPI for the year is at a 3.5%, which is the highest since […]

The University of Delaware Fighting Blue Hen’s 2008 College Football Schedule. 08/30/2008 – at Maryland 
09/13/2008 – West Chester (Home)
09/20/2008 – at Furman 
09/27/2008 – Albany (Home) 
10/04/2008 – at UMass 
10/11/2008 – Maine (Home) 
10/18/2008 – William & Mary 
10/25/2008 – at Hofstra 
11/01/2008 – at James Madison 
11/08/2008 – Towson (Home) 
11/15/2008 – at Richmond 
11/22/2008 – Villanova (Home) 
For more information visit  Delaware Football  
I am […]

This is my daily advice on whether to float or lock your Delaware Mortgage Rate for Friday August 15, 2008.
We ended the day up yesterday and the report that will move market today was the consumer sentiment report.  It is expected to come in at 62.0.  Last month’s reading was 61.2.  You can see how […]

The Univeristy of Delaware Football Team in Newark, Delaware was ranked 4th in the pre-season poll conducted by Phil Steele College Football Preview Magazine.  This is the fourth time U of D football has picked up a Top 15 ranking of the pre-season.
The Fighting Blue Hens were ranked #5 earlier this summer by the Sporting News.  […]

This is my daily advice on whether to lock or float your Delaware Mortgage Rate for Thrusday, August 14, 2008.
The CPI report came out today worse than expected at 0.1% higher.  This caused an initial reaction for mortgage backed securities to trade lower but they again tested a very strong resistance at 99.15 and have […]

There will be a Free Budgeting Seminar on Wednesday September 10, 2008 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 […]

This is an update that mortgage backed securities are trading down to their lows of the day and lenders may be considering a reprice for the worse.  You should consider LOCKING your Delaware Mortgage Rate if you are closing in the next week or so.
John Thomas - Certified Mortgage Planner

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