Delaware Mortgage Loans

There is still room left in the Delaware First Time Home Buyer Seminar on Saturday October 25, 2008 from 10:00 AM till Noon.  We will be covering the entire home buying process from start to finish.  We will also be covering how to improve your credit if you have challenges.  We will be covering First […]

This is my daily advice on floating or locking your Delaware Mortgage Rate for Wednesday October 22, 2008.
The mortgage bond market was up again yesterday and we some some improvement in rates.  Some lenders did reprice for the worse right at the end of the day as bonds pulled back from early highs of the […]

This is my daily advice on floating or locking your Delaware Mortgage Rate for Monday, October 20, 2008.
The mortgage backed securities had three days of being in the green which means the bonds improved in pricing.  Improvement in the bond means home loan rates go down.  The market has started off this morning in the […]

This is my daily advice on floating or locking your loan for Friday October 17, 2008.
The mortgage backed securities have recovered some of their big losses early this week.  They have been slow and steady getting better since mid-day Wednesday when it bounced off trading at the lows for the entire year.  So rates on […]

This is my daily advice on floating or locking your Delaware Mortgage Rate for Thursday October 16, 2008.
Yesterday we saw the morgage backed securities selling off again for the third day in a row but then they rallied on news that the economy was still in a recession.  Rates improved when lenders repriced for the […]

This is my daily advice on floating or locking your Delaware Mortgage Rate for Wednesday October 15, 2008
The stock market is selling off again this morning.  Mortgage Bonds opened lowere than they closed yeseterday and rallied pre-market but have since sold off when reports of inflation came out.  Inflation came in higher than expected.  Oil […]

This is my daily advice on floating or locking your Delaware Mortgage Rate for Tuesday October 14, 2008.
The stock market rallied on Monday to experience its biggest one day gain in history.  The market started off this morning building on that rally but ended the day down 76 points.  The Bond market faired much worse.  […]

There will be a Free Seminar on Understanding Credit & Credit Repair on Saturday October 11, 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 […]

There will be a Free Delaware First Time Home Buyer Seminar on Saturday October 25, 2008 at 10:00 AM. The seminar will last about 2 hours and each participate will be able to recieve a free copy of their tri-merge credit report. The seminar will cover all of the basics of buying a new home in […]

This is my daily advice on floating or locking your Delaware Mortgage Rate for Friday October 10, 2008.
There is “Blood in the Streets”!! The global markets are selling off as well as our own back yard.  Cash is king right now and nobody is buying or lending money.  Money is being pulled out of everything […]