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delaware mortgage rates: Delaware Mortgage Rates - October 20, 2008 - 10/21/08 08:01 AM
The financail markets had a nice recovery today Monday October 20, 2008.  The mortgage backed securities started off for the fourth day in a row trading higher.  The higher the Mortgage Bonds move the lower the mortgage rates go.  The Federal Reserve chairman Ben Bernanke spoke today and it was very … (0 comments)

delaware mortgage rates: Delaware Mortgage Rates - Friday October 10, 2008 - 10/11/08 07:29 AM
The mortgage market along with the rest of the global economy suffered on Friday as Bonds, Stocks, and everything else except gold experienced huge losses.  Mortgage backed securities sold off and broke through a support at the 200 day moving avergage for the 2nd day which is a strong technical signal … (0 comments)

delaware mortgage rates: Delaware Mortgage Rates - Market Update - October 8, 2008 - 10/08/08 06:55 PM
The mortgage market today saw a day of huge swings in response to the volatility in the stock market today.  The reaction was the market digesting the news that the Federal Reserve Board cut the Fed Funds Rate by 0.5% to 1.5%.  This was in conjuction with other world banks that … (0 comments)

delaware mortgage rates: Delaware Mortgage Rates - Setpember 5, 2008 - 09/06/08 07:10 AM
Delaware Mortgage Rates started off lower than they have been in a long time.  We got mortgage market friendly news in the morning with initial Jobless Claims coming out alot higher than exepted.  The Mortgage Bond market experienced a nice run up in the morning but then began to sell off … (0 comments)

delaware mortgage rates: Delaware Mortgage Rates - September 4, 2008 - 09/04/08 09:48 PM
The bond market rallied again today and broke through the 200 day moving average. This is technically very significant because the 200 day moving average has been a very tough ceiling of resistance.  What caused this rally in bonds?  Well the stock market tanked today on the release of bad news … (0 comments)

delaware mortgage rates: Delaware Mortgage Rates - September 3, 2008 - 09/03/08 08:16 PM
Delaware Mortgage Rates improved again today, Wednesday September 3, 2008.  If you have been following my advice I have been recommending to keep floating your Delaware Mortgage Rate.  That advice keeps paying off.
Mortgage backed securities started the day off down as the stock market rallied because of better than expected … (0 comments)

delaware mortgage rates: Delaware Mortgage Rates - September 2, 2008 - 09/02/08 10:24 PM
Mortgage backed securities started off today with a steep decline as stocks rallied on falling oil prices.  After Manufactoring sector reported bad news and inflation fears eased, mortgage bonds rebounded and finished off the day with recovering all the losses and Friday;s losses.  Mortgage Bonds look to be very strong and … (0 comments)

delaware mortgage rates: Delaware Mortgage Rates - August 27, 2008 - 08/28/08 07:02 AM
Mortgage Backed Securities improved today inspite of better than expected Durable Goods report and in spite of a stock market that had some gains.  Typically Mortgage Bonds don't rise with the stock market and they certainly don't rise on good news for the economy, but that was not the case today.  … (0 comments)

delaware mortgage rates: Financial Market Update - August 25, 2008 - 08/25/08 09:36 AM
THE SUMMER LULL:  A lot of volatility in the equity markets, but relatively light overall trading activity.  This is due to the time of year (annual summer lull) added to the fact that investors may be waiting to see how the political conventions turn out over the next couple of weeks.....or … (0 comments)

delaware mortgage rates: Delaware Mortgage Rates Update - August 22, 2008 - 08/22/08 08:53 PM
The Stock market rallied today on news of oil falling back below $120 a barrel and on a speech by Federal Reserve Chairman Ben Bernanke.  Bernanke said that inflation pressures are likely to moderate in the coming months.  Mortgage Backed Securities dropped early in the day but recovered to finish above … (0 comments)

delaware mortgage rates: Delaware Mortgage Rates - August 21, 2008 - 08/21/08 08:46 PM
Delaware Mortgage Rates repriced for the worse today after a week of rates getting better all week.  The reprice was because mortgage backed securities have pulled backed today after a week of gains.  The pull back is an expected correction after a good run.  The rates should continue to improve unless … (0 comments)

delaware mortgage rates: Delaware Mortgage Rates - August 20, 2008 - 08/20/08 09:26 PM
Delaware Mortgage Rates improved today and are at the best they have been in quite some time.  The mortgage backed securities broke through the 50 Day moving average today and closed above it.  This is techincally very significant becaus the 50 day moving average has been a strong ceiling of resistance.
(0 comments)

 
Loan Officer: John Thomas (Primary Residential Mortgage Inc.)
John Thomas
Newark, DE
More about me…
Primary Residential Mortgage Inc.

Office Phone: (302) 368-7132 Ext.: 12
Cell Phone: (302) 588-3665
Email Me
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