Mortgage Rates Video Blog [January 21 2019]

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

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 as dropped from 0.2%. Find out how it affected mortgage rates by watching the video

Weekly Initial Jobless Claims dropped even lower to 213,000 claims for the week.

 

In Housing News:

Don't miss the next first time home buyer seminar on Saturday February 16, 2019 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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