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Archive for September, 2007

It’s staggering when you think about the cost of living, especially if you’re a renter and not a Delaware home owner. If you are currently paying $1,000 a month for rented housing, then over the next three years, your property management company will effectively have reaped $36,000 of your hard earned cash! You’re paying their […]

When it comes to the Bond Market, the rule is good news is bad news and vice versa. Durable Goods was reported at -4.9%, which was lower than expectations of -3.5% and bad economic news, which should be good for Bonds. But Bond prices have actually worsened because the 200-day Moving Average ceiling is too […]

Mortgage Bonds are trading slightly higher this morning after some weaker than expected economic reports, so Delaware Mortgage Rates are improving.For instance, Consumer Confidence for September was reported at 99.8, which is lower than expectations of 104.5 and is the lowest level since November 2005.
In addition, Existing Home Sales for August were reported at 5.50 […]

Mortgage Bond prices have changed very little so far today and are right at important support at the 200-day Moving Average. Commodity prices, including gold and crude oil, continue to move higher, which is a concern for bonds because of inflation pressure.
There are no economic reports on the schedule today but later in the week […]

There will be a Free Real Estate Investment Seminar on Wednesday September 26th from 6:30 PM till 8:30 PM at Citizens Lending Group’s Office in Newark, DE.  The seminar is on Getting Started in Real Estate Investing.  The seminar will show you how to setup a plan for investing and how to get your self […]

WHY A DELAWARE VA LOAN?
The more you know about our Delaware home loan program for Veterans, the more you will realize how little “red tape” there really is in getting a Delaware VA loan. These loans are often made without any down payment at all. Aside from the veteran’s certificate of eligibility and the fact […]

If you are looking for a 100% financing in one loan, then nothing beats a Veterans administration loan, commonly referred to as a VA loan.  The VA loan doesn’t have monthly PMI added on to the payment, which makes it usually the cheapest loan for overall payment.
The first step for applying for a Delaware VA […]

This is a weekly update from Doug MacGray a Certified Financial Planner who takes very good care of my clients and who I highly recommend.
INTEREST RATE CUTS: Are there downsides to the Fed’s cut in interest rates? Answer: Of course. First, the possibility of higher inflation usually goes along with a drop in rates. Most […]

Yesterday Mortgage Bonds dipped below the 200 day moving average causing Delaware Home Loan Rates to raise higher again to end the day yesterday. 
Today, Mortgage Bonds are trading just below the 200-day Moving Average.
Presently, I feel it is prudent to Float, as I wait and see if the Bond can muster some strength and move above this level. […]

Delaware First Time Home Buyers are going to have a tougher time qualifying for loans after October 20th, 2007.  Fannie Mae is making changes to what it will accept for approval on all 100% financing options that are backed by Fannie Mae.
What are the changes?  Fannie Mae is no longer going to accept EA-II or […]

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