Mortgage Rates Video Blog [December 31 2018]

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

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 mortgages are affected in several ways.  No IRS tax transcripts or USDA rural housing commitments.

December Jobs Report will be reported on Friday January 4th.

 

In Housing News:

Don't miss the next first time home buyer seminar on Saturday January 12, 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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