mortgage rates: Mortgage Rates Video Blog [January 21 2019] - 01/21/19 12:11 PM
Mortgage Rates Weekly video Blog for January 21, 2019
Mortgage rates moved higher last week as mortgage bonds broke beneath support and moved down to the 25 day moving average.  With the trend for bonds to move lower moving mortgage interest rates higher we are recommending LOCKING your mortgage rate. Call 302-703-0727 for a  Rate Quote.  Read the full story at Mortgage Rates Weekly Update [January 21 2019]

In Economic Information:
Government shutdown is going on 31st day as no budget agreement has been reached.  Find out how the shutdown is affecting mortgage rates and home loan processes.
PPI for December 2018 showed lower inflation … (0 comments)

mortgage rates: Mortgage Rates Video Blog [January 14 2019] - 01/14/19 09:32 AM
Mortgage Rates Weekly video Blog for January 14, 2019
Mortgage rates moved lower again last week as mortgage bonds broke through another ceiling of resistance.  Bonds did reverse course at the end of the week after December Jobs Report so we are recommending LOCKING your mortgage rate to take advantage of the lowest rates in almost a year  Call 302-703-0727 for a  Rate Quote.  Read the full story at Mortgage Rates Weekly Update [January 14 2019]

In Economic Information:

CPI for December 2018 showed lower inflation as dropped from 2.2% to 1.9% year over year. Find out how it affected mortgage rates by watch … (0 comments)

mortgage rates: Mortgage Rates Video Blog [January 7 2019] - 01/07/19 08:07 AM
Mortgage Rates Weekly video Blog for January 7, 2019
Mortgage rates moved lower again last week as mortgage bonds broke through another ceiling of resistance.  Bonds did reverse course at the end of the week after December Jobs Report so we are recommending LOCKING your mortgage rate to take advantage of the lowest rates in almost a year  Call 302-703-0727 for a  Rate Quote.  Read the full story at Mortgage Rates Weekly Update [January 7 2019]

In Economic Information:

December 2019 jobs report was released and showed 312,000 jobs created and unemployment rate was 3.9%.  Find out how this affected the mortgage market by … (2 comments)

mortgage rates: Mortgage Rates Video Blog [December 31 2018] - 12/31/18 11:38 AM
Mortgage Rates Weekly video Blog for December 31, 2018
Mortgage rates moved off 7 year highs on November 8th to the lowest rates seen since last spring!  Mortgage bonds have broken through 25 day moving average, 50 day moving average, 100 day moving average and the 200 day moving average.  Bonds are now testing the next ceiling of resistance so we are recommending FLOATING Your mortgage rate.  Call 302-703-0727 for a  Rate Quote.  Read the full story at Mortgage Rates Weekly Update [December 31 2018]

In Economic Information:

The Federal Government is shut down as budget bill is stalled in Congress.  Real estate and … (0 comments)

mortgage rates: Mortgage Rates Video Blog [November 18 2018] - 11/19/18 09:57 AM
Mortgage Rates Weekly video Blog for November 18, 2018
Mortgage rates hit a year high in early November but last week started to finally move lower.  Mortgage bonds are testing the 50 day moving average after breaking through the 25 day moving average so we recommend FLOATING your mortgage rate to start the week.  Call 302-703-0727 for a  Rate Quote.  Read the full story at Mortgage Rates Weekly Update [November 18 2018]

In Economic Information:

Stock Market sold off in October then recovered some of the losses at the beginning of November but last started to sell off again.  The big reason is Stock … (2 comments)

mortgage rates: Mortgage Rates Video Blog [November 12 2018] - 11/12/18 09:59 AM
Mortgage Rates Weekly video Blog for November 12, 2018
Mortgage rates moved lower last week as mortgage bonds experienced the leash effect and rallied higher toward the 25 moving average.   Mortgage bonds did sell off on Friday to end the week with a Red candle on the bond chart and formed a bad technical signal.  We recommend LOCKING your mortgage rate to start the week.  Call 302-703-0727 for a  Rate Quote.  Read the full story at Mortgage Rates Weekly Update [November 12 2018]

In Economic Information:

The October 2018 Jobs Report showed 250,000 jobs created and the unemployment rate remained stable at 3.7% … (0 comments)

mortgage rates: Mortgage Rates Video Blog [November 6 2018] - 11/06/18 04:00 AM
Mortgage Rates Weekly video Blog for November 6, 2018
Mortgage rates moved lower last week as mortgage bonds experienced the leash effect and rallied higher toward the 25 moving average.   Mortgage bonds did sell off on Friday to end the week with a Red candle on the bond chart and formed a bad technical signal.  We recommend LOCKING your mortgage rate to start the week.  Call 302-703-0727 for a  Rate Quote.  Read the full story at Mortgage Rates Weekly Update [November 5 2018]

In Economic Information:

The October 2018 Jobs Report showed 250,000 jobs created and the unemployment rate remained stable at 3.7% … (1 comments)

mortgage rates: Mortgage Rates Video Blog [September 24 2018] - 09/25/18 05:57 PM
Mortgage Rates Weekly Video Blog [September 24, 2018]
Mortgage rates moved higher last week after mortgage bonds continued to sell off.  Mortgage bonds did find a floor of support on Wednesday and it seemed to hold Thursday and Friday so we are recommending FLOATING your mortgage rate to start the week.  Call 302-703-0727 for a  Rate Quote.  Read the full story at Mortgage Rates Weekly Update [September 24 2018]

In Economic Information:

Weekly initial jobless claims hit record low in 49 years at 201,000.  Feds will be meeting this week and will most likely be voting to raise the short term Fed Funds Rate.
 
In … (0 comments)

mortgage rates: Mortgage Rates Video Update [September 17 2018] - 09/17/18 11:23 AM
Mortgage Rates Weekly Video Blog [September 17, 2018]
Mortgage rates moved higher last week after mortgage bonds continued to sell off.  Mortgage bonds can't seem to find a floor of support so we are recommending LOCKING your mortgage rate to start the week.  Call 302-703-0727 for a  Rate Quote.  Read the full story at Mortgage Rates Weekly Update [September 17 2018]

In Economic Information:

Retail Sales for August 2018 was released and disappointed at 0.1% increase.  CPI for August and PPI for August both showed low inflation which may give the Feds pause in raising short term interest rates.
 
In Housing News:
Don't miss the next … (0 comments)

mortgage rates: Mortgage Rates Video Blog [September 10 2018] - 09/13/18 05:59 PM
Mortgage Rates Weekly Video Blog [September 10, 2018]
Mortgage rates moved higher last week after mortgage bonds sold off on Friday.  Friday's Jobs Report caused mortgage bonds to sell off and break through some key floors of support for bonds so we are recommending LOCKING your mortgage rate to start the week.  Call 302-703-0727 for a  Rate Quote.  Read the full story at Mortgage Rates Weekly Update [September 10 2018]

In Economic Information:

The Jobs Report for August 2018 came out at 201,000 jobs created which was better than expetations but the last two months were revised lower by 50,000 jobs.  The unemployment rate … (0 comments)

mortgage rates: Mortgage Rates Video Blog [September 3 2018] - 09/03/18 01:54 PM
Mortgage Rates Weekly Video Blog [September 3, 2018]
Mortgage rates moved higher last week after mortgage bonds failed to break above a strong ceiling of resistance.  Mortgage bonds did find floor of support at 25 day moving average and were able to rally higher ending week just above the 50 day moving average so we are recommending FLOATING your mortgage interest rate to start the week.  Call 302-703-0727 for a  Rate Quote.  Read the full story at Mortgage Rates Weekly Update [September 3 2018]

In Economic Information

The Second reading of GDP for second quarter of 2018 was released last week and came in … (1 comments)

mortgage rates: Mortgage Rates Video Blog [August 27 2018] - 08/27/18 04:55 PM
Mortgage Rates Weekly Video Blog [August 27, 2018]
Mortgage rates moved to the lows since the Spring as mortgage bonds rallied to a touch cieling of resistance.  Mortgage bonds tested the resistance 4 times last week so we are recommending starting the week FLOATING Your mortgage rate to see if bonds can break through the resistance and move mortgage interest rates lower.  Call 302-703-0727 for a  Rate Quote.  Read the full story at Mortgage Rates Weekly Update [August 27 2018]

In Economic Information

The Feds announced that they will continue to raise rates because the economy is doing well and they want to have … (0 comments)

mortgage rates: Mortgage Rates Video Update [August 20 2018] - 08/20/18 11:01 AM
Mortgage Rates Weekly Video Blog [August 20, 2018]
Mortgage rates moved lower last week after troubles in Turkey caused the Stock market to sell off.  Mortgage bonds rallied on Friday but were stopped by very strong double later of resistance that hasn't been broken in months so we are recommending LOCKING your mortgage interest rate to start the week.  Call 302-703-0727 for a  Rate Quote.  Read the full story at Mortgage Rates Weekly Update [August 20 2018]

In Economic Information

Retail Sales are sugring higher for July 2018 by 0.5% and up 6.4% from July 2017.  Looking really strong heading into back to school … (0 comments)

mortgage rates: Mortgage Rates Video Blog [August 13 2018] - 08/13/18 06:02 PM
Mortgage Rates Weekly Video Blog [August 13, 2018]
Mortgage rates moved lower last week after troubles in Turkey caused the Stock market to sell off.  Mortgage bonds rallied on Friday but were stopped by very strong double later of resistance that hasn't been broken in months so we are recommending LOCKING your mortgage interest rate to start the week.  Call 302-703-0727 for a  Rate Quote.  Read the full story at Mortgage Rates Weekly Update [August 13 2018]

In Economic Information

Inflation came out very hot at the consumer level with the Consumer Price Index (CPI) for July 2018 coming in at 2.9% which is … (1 comments)

mortgage rates: Mortgage Rates Video Update [August 6 2018] - 08/06/18 12:48 PM
Mortgage Rates Weekly Video Blog [August 6, 2018]
Mortgage rates were able to improve slightly to end the week after bonds rallied on Friday.  Mortgage bonds have a very tough overhead resistance with 4 layers above from the 25 moving avg, 50 day moving avg, 100 day moving avg, and the Fibonacci level so we are recommending LOCKING your mortgage interest rate to start the week.  Call 302-703-0727 for a  Rate Quote.  Read the full story at Mortgage Rates Weekly Update [August 6 2018]
In Economic Information

The July 2018 Jobs Report showed 157,000 jobs created and  the unemployment rate dropped from 4.0% to … (0 comments)

mortgage rates: Mortgage Rates Video Update [July 30 2018] - 07/30/18 11:33 AM
Mortgage Rates Weekly Video Blog [July 30, 2018]
Mortgage Rates ended the week last week higher after mortgage bonds fell below the 50 day moving average.  Mortgage bonds have a tough ceiling of overhead resistance now at 50 day moving average and a weak floor of support 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 [July 30 2018]

In Economic Information

GDP for 2nd quarter of 2018 was reported at 4.1% which is highest in years.  Mortgage … (0 comments)

mortgage rates: Mortgage Rates Video Blog [July 23 2018] - 07/23/18 05:55 PM
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 … (0 comments)

mortgage rates: Mortgage Rates Video Update [July 16 2018] - 07/16/18 08:07 PM
Mortgage Rates Weekly Video Blog [July 16, 2018]
Mortgage Rates ended the week last week slightly lower after mortgage bonds failed to stay 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 16 2018]

In Economic Information

Inflation heated up on consumer level and the wholesale level with the release of the consumer price index and the producer price index.
 
Don't miss the next first time … (0 comments)

mortgage rates: Mortgage Rates Video Blog [July 10 2018] - 07/11/18 04:45 PM
Mortgage Rates Weekly Video Blog [July 10, 2018]
Mortgage rates hit the lows of the last sereral weeks at end of the day on Friday.  The Jobs Report showed no wage growth inflation which is mortgage bond friendly news, so we are recommending FLOATING your mortgage rate to see if bonds can continue to move higher and move mortgage interest rates lower.  Call 302-703-0727 for a  Rate Quote.  Read the full story at Mortgage Rates Weekly Update [Junly 10 2018]

In Economic Information

Jobs Report for June 2018 came out Friday at 213,000 jobs created which helped move mortgage interest rates lower to end … (0 comments)

mortgage rates: Mortgage Rates Video Update [June 26 2018] - 06/26/18 02:04 PM
Mortgage Rates Weekly Video Blog [June 26, 2018]
Mortgage rates finally stabliized last week after several weeks of rallying lower than moving higher and back and forth.  Mortgage bonds are just above their 50 day moving average so we are recommending FLOATING your mortgage rate to see if bonds can break out higher and move mortgage interest rates lower.  Call 302-703-0727 for a  Rate Quote.  Read the full story at Mortgage Rates Weekly Update [June 26 2018]
 
Home loan Prices were ultimately able to support recently after a rollercoaster trip in the past numerous weeks. If you consider the home loan bond graph … (1 comments)

 
John Thomas, First Time Home Buyer Expert (Primary Residential Mortgage Inc.)

John Thomas

First Time Home Buyer Expert

Newark, DE

More about me…

Primary Residential Mortgage Inc.

Address: 248 E Chestnut Hill Rd, Newark, DE , 19713

Office: (302) 703-0727

Email Me

Delaware Mortgage loans for the purchase or refinance of homes in Delaware. Advice on Delaware mortgage rates and loan programs. Delaware FHA Loans, Delaware USDA loans, Delaware VA loans, and Delaware Reverse Mortgages. John R. Thomas is the author of the book, Your Guide to Buying Your First Home in Delaware.


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