If you want to get involved in investing in Real Estate in the Delaware Market, but don’t relish the idea of becoming a full time landlord then your next best option is to find a Delaware property management company. But what should you look for in a property management company? The [...]
Ever thought of borrowing against the equity in your home to invest in the stock market? The NASD is waving it’s finger. In fact, it issued a warning to brokers this month saying it’s not appropriate for most investors.
But how about using funds from a loan or line of credit against the equity in your [...]
Delaware Mortgage Rates kicked higher to end the week, right along with the national rates. The average mortgage rate was up 0.07% (seven basis points) to end the week at 6.35%. If you have an Adjustable Rate Mortgage (ARM) that is going to be adjusting soon, refinance now to lock in a low rate. Feel [...]
Delaware Mortgage Rates for Janaury 2007
Delaware Mortgage Rates rose all week as lower oil prices and good economic news allowed the stock market to rally. The S&P hit an all time high. The outlook for the stock market going into next week is for a bullish run up. This means Mortgage Rates in Delaware and [...]
An Interest Only Loan can be a viable option for buying a home in the Delaware Home Loan Market. The first step to deciding if this is the right loan product for your situation is to become educated on the Interest Only Loan.
The Interest Only Loan abbreviated (I/O) is a loan in which [...]
Yes, you can get into a home again after a bankruptcy in Delaware and every other state, but be prepared for higher interest rates. A bankruptcy will stay on your credit report for seven to ten years, but it stops affecting your credit significantly after two years if you report has been updated correctly.
Be sure [...]
Employers boosted payrolls by a hefty 167,000 workers in December, 50,000 more jobs than analysts had forecast. With the hiring surge, the unemployment rate remained at a historically low 4.5%, the Labor Department said January 5, 2007.
The U.S. manufacturing sector rebounded in December, according to the Institute for Supply Management (ISM) index, which rose from [...]
You’re most likely to encounter low interest rates and low annual percentage rates (A.P.R.) on television commercials or newspaper ads as lenders vie for the attention of potential borrowers. This is just a tactic for them to get you to call so they can explain why you don’t qualify for the advertised rate and proceed [...]
There will be a free seminar covering the financing options available for Real Estate Investors. The seminar will be January 27th, 2007 at 42 Reads Way, New Castle, DE 19720. The seminar will be from 10:00 AM till 12:00 PM. Please register by calling 302-703-0727 or e-mailing jthomas@primeres.com. Various strategies will be presented for investing [...]
Rates dipped down today because of the drop in the stock market today. The average rate on a 30 year mortgage dipped 0.1% down from the mid week high to 6.29%. Beware websites or TV ads quoting low rates. The rates quoted are based off factors that most people don’t quailfy for and may include [...]
I am a Delaware native who has been actively involved in the Mortgage and Finanace industries for over 10 years. Call me at 302-703-0727