Will Mortgage Rates Stay Low? Just how long mortgage rates will remain at rock-bottom percentages is tough to judge, but don’t be surprised if they do what they did last week and rise again over the next few weeks. Despite the effects of the coronavirus on already turbulent financial markets and concerns of a recession, …
Category: News
Mar 18
Pennsylvania’s Premier Mortgage Lender
Pennsylvania’s Premier Mortgage Lender When it comes to home financing, you need a lender you can trust. That’s why we provide competitive rates, fees and quality service you can rely on! See the photo below for more information then Contact me about any questions you may have. You need a lender you can trust. With …
Mar 17
Paint Trends to Watch
Paint Trends to Watch Is gray cooling for interiors? Where do those trendy blues work best? Paint can do a lot to upgrade a space. Fixr, an online marketplace for home improvement services, spoke to home design experts to gather insights on the hot color trends for 2020. Here are a few trends they found …
Mar 17
Single-Family Rental Market
Single-Family Rental Market Rental returns on single-family homes decreased from a year ago in the first quarter in more than half of the 389 U.S. counties tracked by ATTOM Data Solutions, according to the real estate firm’s Q1 2020 Single-Family Rental Market report. On average, the annual gross rental yield was 8.4% in the first …
Mar 13
Lower Mortgage Rates
Lower Mortgage Rates Borrowers came in swarms last week to take advantage of another massive drop in mortgage rates. Mortgage application activity, which includes refinances and home purchases, surged 55.4% last week compared to the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. Volume was 192% higher year over year. The bulk …
Mar 12
Options Available to Owners Affected by Coronavirus
Options Available to Owners Affected by Coronavirus Borrowers who are unable to make their monthly mortgage payments due to COVID-19, also known as the coronavirus, have options to postpone payments, according to a new statement released by the Federal Housing Finance Agency. FHFA Director Mark Calabria reminded mortgage servicers this week to offer forbearance options …
Mar 11
A pre-approval puts you in control.
A pre-approval puts you in control. Read the photo below for all the ins and outs of getting a pre-approval then give me a call to set up a meeting. Getting a pre-approval before looking at those dream homes puts you in control. With the help of myself and John Coneys of Freedom Mortgage, we …
Mar 10
Home Buyers Facing Spring Bidding Wars
Home Buyers Facing Spring Bidding Wars With a severely limited supply of homes on the market and the lowest mortgage rates in history, house hunters should expect steep competition this spring. The new coronavirus remains a wild card for the housing market, but if the scare is short-lived, buyers are poised to swoop down in …
Mar 09
Mortgage Rates Hit All-Time Low
Mortgage Rates Hit All-Time Low The 30-year fixed-rate mortgage this week fell to its lowest average on record—3.29%—since Freddie Mac began tracking such data in 1971. And borrowers rushed to lock in. Mortgage applications rose 10% last week compared to a year ago, says Sam Khater, Freddie Mac’s chief economist. “Given these strong indicators in …
Mar 06
Virtual Tours Amid Coronavirus Fears
Virtual Tours Amid Coronavirus Fears Some brokerages are already reporting a significant drop in demand from home buyers and home sellers as fears grow over a COVID-19 outbreak in the U.S. Glenn Kelman, CEO of Redfin, posted in a blog post on Wednesday that following the first U.S. death from the new coronavirus in Seattle, …
Mar 06
Social Media and you.
Social Media and you. If you want to up your social media game, start posting videos. Video outperforms other posts on social media networks and leads to higher engagement, whether on Facebook, Twitter, or Instagram, according to a compilation of studies analyzed by Hootsuite, a social media management platform. Ninety percent of Internet users say …
Mar 05
Are you ready to move?
See all the information we have compiled if you are going to be moving soon in the image below. Are you ready to move? Call John Coneys of Freedom Mortgage, and me to find out more about what we can offer you as a first-time homebuyer. #RealEstate #Realtor #FirstTimeHomeBuyer #ReadytoMove #FreedomFast #PreApp #LetFreedomHelp
