Posted in Delaware Mortgage Loans, Delaware Mortgage Rates, Financial News Update, Mortgage News on June 26th, 2009 No Comments »
This is my advice on floating or locking your loan for Friday June 26, 2009.
Mortgage Rates jumped up on May 27, 2009 because mortgage backed securities sold off and dropped like a rock. When the price of the bonds go down rates go up. Mortgage Rates again dropped even more on [...]
Posted in Delaware Mortgage Loans, Delaware Mortgage Rates, Down Payment Assistance, First Time Home Buyer on June 23rd, 2009 1 Comment »
New Castle County Delaware has two First Time Home Buyer Programs; Down Payment Settlement Program (DPS) and the Home Owner Incentive Program (HIP).
The New Castle County Down Payment Settlement Program gives first time home buyers deferred payment loans for up to $5,000 to cover customary settlement costs and up to half of the required down payment [...]
Posted in Delaware Mortgage Loans, Delaware Mortgage Rates, Down Payment Assistance, First Time Home Buyer on June 10th, 2009 2 Comments »
Delaware First Time Home Buyers have several options for first time home buyer programs. The State of Delaware has several programs available for home buyers in all 3 counties (New Castle, Kent, and Sussex) of Delaware. The program is governed by The Delaware State Housing Authority. The program is called The Single Family Mortgage Revenue Bond [...]
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