Mortgage Rates Weekly Update 12 5 2016

Mortgage Rates Weekly Update for December 5, 2016 from John Thomas with Primary Residential Mortgage in Newark, Delaware. Watch to find out whether to LOCK or FLOAT your Mortgage Interest Rate. Call 302-703-0727 for a Rate Quote. Read the full story online at http://delawaremortgageloans.net/mortgage-rates-weekly-update-12-5-2016/

Mortgage Rates have been on the rise since the US Presidential Election. Mortgage Bonds sold off after the election because of the stock market rallying and fears of the rise of inflation. Mortgage Rates move up when mortgage bonds sell off.

Economic News last week was the release of the GDP for 3rd quarter of 2016, Jobs Report for November 2016, Unemployment Rate, Consumer Spending for October 2016, Case-Shiller Home Price Index, FHA Loan Limits for 2017, VA Loan Limits for 2017, and Conventional Loan Limits for 2017

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John R. Thomas
Certified Mortgage Planner – NMLS 38783
Primary Residential Mortgage, Inc.
248 E Chestnut Hill Rd
Newark, DE 19713
302-703-0727 Office
Apply Online at http://www.PrimaryResidentialMortgage…

Free Delaware First Time Home Buyer Seminar – http://www.DelawareHomeBuyerSeminar.com

Free Maryland First Time Home Buyer Seminar – http://www.MarylandHomeBuyerSeminars.com

Primary Residential Mortgage Newark Delaware Branch NMLS – 106170

Primary Residential Mortgage Company NMLS – 3094

Licensed by Delaware State Bank Commissioner – No. 010608

Licensed by Maryland Department of Labor, Licensing and Regulation Commissioner of Financial Regulation No. 18566

Licensed by Pennsylvania Department of Banking No. 23296.004

Licensed by Indiana Department of Financial Institutions Consumer Credit Division, First Lien License 11069 Secretary of State Securities Commission Second Lien License 103936

Licensed by New Jersey Department of Banking and Insurance

Licensed by Virginia Bureau of Financial Institutions: MC 2248 Broker MC-2248 NMLS#3094 (http://nmlsconsumeraccess.org)

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