Special offer

Mortgage Rates Video Blog [July 23 2018]

By
Mortgage and Lending with Primary Residential Mortgage Inc. NMLS 38783

Mortgage Rates Weekly Video Blog [July 23, 2018]

Mortgage Rates ended the week last week slightly lower after mortgage bonds failed to break above the 100 day moving average.  Mortgage bonds have a tough ceiling of overhead resistance so we are recommending LOCKING your mortgage rate if you are closing in the next 30-45 days.  Call 302-703-0727 for a  Rate Quote.  Read the full story at Mortgage Rates Weekly Update [Junly 23 2018]


In Economic Information

US Dollar is strengthening against world currencies which should keep inflation low which would benefit mortgage bonds in the long the term but in the short term the Feds said they will continue to raise the Fed Funds Rate which will put pressure on mortgage rates to move higher.

 

Don't miss the next first time home buyer seminar on Saturday July 28, 2018 in Newark, Delaware at the Christiana Hilton Hotel from 10 AM till Noon.  You can register by calling 302-703-0727 or register online at Delaware Home Buyer Semniars

You can get a list of up coming first time home buyer seminars at the following link:

Home Buyer Seminars

 

If you need help getting pre-approved for a mortgage loan to purchase or refinance a home in Delaware, Maryland, New Jersey, Pennsylvania, or Virginia give us a call at 302-703-0727 or visit us online at Primary Residential Mortgage