Mortgage Rates Video Blog [December 3 2018]

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

Mortgage Rates Weekly video Blog for December 3, 2018

Mortgage rates continued to move lower last week after breaking through a ceiling of resistance and moving higher.  We are recommending FLOATING your mortgage rate to see if bond can continue to rally and move rates lower.  Call 302-703-0727 for a  Rate Quote.  Read the full story at Mortgage Rates Weekly Update [December 3 2018]


In Economic Information:

Federeal Reserve Chairman Powell made comments in NYC last week that rallied both the stock market and the bond market.  Looks like Feds may only raise their short term funds rate one time in 2019 instead of three.

Weekly inital jobless claims moved up for the third straight week and GDP for Q3 of 2018 came out at 3.5%.

 

In Housing News:

Don't miss the next first time home buyer seminar on Saturday December 15, 2018 in Newark, Delware 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

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