Delaware Mortgage Loans

This is my daily advice on floating or locking your Delaware Mortgage Rate for August 13, 2008.

The stock market is trading lower today after disappointing Retail Sales Report was released this morning.  There isn’t much economic news today to swing the market either way.  The bonds are trading better than yesterday and technically are trading in an upward channel but will probably trade sides the rest of the day.

My recommendation is to FLOAT your Delaware Mortgage Rate, but stay in contact with your mortgage planner because rates could break out of trading channel either up or down.

If you need help with a New Castle Delaware Mortgage Rate for the purchase or refinance of a home, please feel free to call me (John Thomas) at 302-368-7132 or send an e-mail to DelawareMortgages@yahoo.com.  I can get you the best rate and terms on a Delaware FHA Loan, Delaware VA Loan, Delaware USDA Loan, or a Delaware Conventional Loan.

If you are a New Castle Delaware First Time Home Buyer then you should register to attend one of our Delaware First Time Home Buyer Seminars by visiting www.DelawareMortgageLoans.net/seminars

There will be a Free Seminar on Understanding Credit & Credit Repair on Saturday September 13, 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 category is weighted.  The seminar will explain your score and how it is used by creditors.  The 2nd half of the seminar will cover how to get a good credit score and how to repair your credit.  We will also discuss credit repair companies and what they can do for you.  This is a great seminar for Delaware First Time Home Buyers who may have credit questions or having trouble qualifying for a loan because of credit.
Each participate will receive a Free Audio CD on Credit Scoring, Free Credit Scoring Handbook, Free Report - How to raise your credit score 100 points in 45 days, free dispute letters to used for repairing credit, and much more.
Please register for the seminar by calling 302-368-7132 Ext.12 and ask for John Thomas or send an e-mail to DelawareMortgages@yahoo.com

Newark Delaware Police Deparment recognized the National Night Out for the first time this year.  The event was held nationwide on Tuesday August 5, 2008.  Residents of several Newark Neighborhoods spent Tuesday evening outside as part of a nationwide stand against crime.   The theme of National Night Out is to give people of the neighborhood a chance to know their police officers and to show criminals that residents are united against crime.

Next year the City of Newark hopes to make the event bigger and bring the whole community togehter by maybe having a barbeque.

The city of Wilmington in Delaware already has a big event for National Night Out.  Wilmington holds festival at Rodney Square featuring food, entertainment, and demonstrations by local police and fire departments.

If you need help with Newark Delaware Mortgage Rate, please feel free to call me at 302-368-7132 or send an e-mail to DelawareMortgages@yahoo.com.  I can help you with Delaware FHA loans, Delaware VA loans, and Delaware USDA Rural Housing Loans.  Whether you are looking to purchase a home or refinance a home in Delaware, I can help you out with the best rates and programs in Delaware.

If you are a Newark Delaware First Time Home Buyer then you should attend one of our monthly First Time Home Buyer Seminars, visit www.DelawareMortgageLoans.net/seminars to register.

Christina School District in Delaware will be getting a new Chief Financial Officer starting in August 2008.  The school board approved Robert A. Silber as the new District CFO at is regular scheduled school board meeting in July 2008.

Mr. Silber brings more than 25 years of experience in financial leadership positions to his new job at Christina School District.  Silber served as senior performance manager with Strategy House of Wilmington prior to accepting the position with Christina.  He holds a masters degree from Widener Univeristy and a bachelor’s degree in business administration from the University of Delaware.

John R. Thomas – Certified Mortgage Planner – Primary Residential Mortgage, Inc.

If you are looking for a great rate on a Newark Delaware Mortgage Rate for the purchase or refinance of a Delaware Home, please feel free to call me at 302-368-7132 or send an e-mail to DelawareMortgages@yahoo.com

If you are a Newark Delaware First Time Home Buyer then your should register to attend one of our Monthly First Time Home Buyer Seminars, please visit www.DelawareMortgageLoans.net/seminars for more information.

This is my daily advice on Floating or Locking your Delaware Mortgage Rate for Friday August 8, 2008.

We had some nice gains yesterday in the bond market which made mortgage rates improve significantly yesterday.  The bond started off good this morning then gave back some ground as it bounced off the 25 day moving average.  It regained momentum and is adding to the gains from yesterday.  This means Delaware Mortgage rates are even better today than yesterday.  Hopefully you took my advice yesterday and floated into today.

My advice is to continue FLOATING as we end the week with some very good improvement in rates.  If you have something closing next week then you might want to consider locking in your gains at the end of the day today.

If you need advice on a Newark Delaware Mortgage Loan or help with your Newark Delaware Mortgage rate please give me a call at 302-368-7132 or send an e-mail to DelawareMortgages@yahoo.com.

If you have bad credit in Delaware then you problably should come to our Delaware Credit Repair Seminar tomorrow at 10:00 AM.  Please visit www.DelawareMortgageLoans.net/seminars for more information.

This is my daily advice on Locking or Floating your Delaware Mortgage Rate for Thrusday August 7, 2008.

The mortgage rates have risen dramatically this week because of the Fed Meeting on Tuesday and the report of a huge loss at Freddie Mac.  If you haven’t already locked your Delaware mortgage rate, then your best bet may be to float your Delaware Mortgage Loan because it looks like we could rebound some by the end of the day Friday.

There is a huge spread between mortgage backed securities and treasuris right now so there is a potential for a rebound to cover the spread.

My advice is to FLOAT your Delaware Mortgage Rate for today.

If you need help qualifing for a Delaware Mortgage Loan, please feel free to call me (John Thomas) at 302-368-7132 or send an e-mail to DelawareMortgages@yahoo.com.

If you would like to use a Delaware FHA loan to purchase a home with Seller funded Down payment assistance, then you should call me right away because Congress just passed a bill to eliminate this on Oct 1, 2008.

If you are a Delaware First Time Home Buyer then visit www.DelawareMortgageLoans.net/seminars to sign up for one of our monthly Firtst Time Home Buyer Seminars or one of our montly Credit Repair Seminars.

113 Miners Lane in Academy Hills in Newark, Delaware has been just sold by Terry Mulkins from Patterson Schwartz Real Estate.  The house is a luxury single family home located in the quiet suburbs of the city of Newark.   If you would like information on how you can qualify to buy a luxury home in Delaware, please feel free to contact me at 302-368-7132 or send an e-mail to DelawareMortgages@yahoo.com.  I can find you the Best Delware Mortgage Rate to make your payments affordable.  This year the Delaware FHA loan limit for New Castle County, Delaware has been raised to $420,000 so you could get one of the popular homes in Academy Hills with only 2.25% down with a Delaware FHA loan.  You also don’t have to have the best credit to qualify.  Even if your credit has challenges, I can put you in our Get Mortage Ready Program and give you an Action Plan to get your credit fixed and qualify you to buy a new home in Delaware.

John R. Thomas - Certified Mortgage Planner - Primary Residential Mortgage

If you are a Newark Delaware First Time Home Buyer then you should attend one of our monthly First Time Home Buyer Seminars, please visit www.DelawareMortgageLoans.net/seminars for more information.

The Fairfax family owned business called Mitchell’s Trains, Toys, and Hobbies is now planning to close at the end of October 2008.  The store has seen a continued decline in store sales over the last 7 years.  The store has been open for the past 55 years, but today begins its going out of business as it liquidates its inventory.  The downturn in the economy that has forced Boscov to claim bankruptcy has forced Mitchell’s to close its doors.

John Thomas - Certified Mortgage Planner - Primary Residential Mortgage

If you need help with a Wilmington Delaware Mortgage Loan, please feel free to call me at 302-368-7132.  I can offer the best Wilmington Delaware Mortage Rate and the best loan programs to fit your needs.

Residents of Canal Landing Development on the outskirts of Rehoboth Beach have files a lawsuit against Louis Capano & Associates and the projet’s architect and engineer.  They are charging that design flaws, sloppy work and poor supervision have serious water damage that threaten the structure of the buidlings.  The development contains $500,000 luxury townhomes.   Each owner will have to pay about $60,000 to fix up the damage and problems caused.

John Thomas - Certified Mortgage Planner - Primary Residential Mortgage

www.DelawareMortgageLoans.net

This is my daily advice on floating or locking your Delaware Mortgage Rate for your Delaware Home Loan.

The bond market is getting beaten back from the 25 day moving average.  Bonds are trading lower today as stocks rally ahead of Feds decision.   The outlook for the rest of the week is gloomy for Mortgage Bonds.  If you haven’t locked already I would lock ahead of the Fed Decision later today.

My advice is to LOCK your Delaware Mortgage Rate for your Delaware Mortgage loan.

If you need help with a Wilmington Delaware Mortgage Rate or for a Wilmington Delaware Mortgage Loan, Please feel free to call me (John Thomas) at 302-368-7132 or send an e-mail to DelawareMortgages@yahoo.com

If you are a Wilmington Delaware First Time Home Buyer then you may want to sign up for one of our monthly First Time Home Buyer Seminars.  Visit www.DelawareMortgageLoans.net/seminars for more information.