Fed Agrees to Hold Rates The Federal Reserve voted unanimously on Wednesday to leave borrowing costs unchanged and says it will continue to be “patient” about making any moves to its benchmark rate. The Fed’s vote came despite increased calls from the White House to cut interest rates. But the central bank left rates unchanged …
Category: News
May 02
Home Sellers Say They’re Confident…
Home Sellers Say They’re Confident… Selling a home is often the largest financial transaction a person will make, but that doesn’t mean homeowners want to devote a lot of time to it. More than half—58%—of homeowners who recently sold a home say they spent less than three hours researching the method and professional they chose …
May 01
PA first time home buyers assistance.
PA first time home buyers assistance. Down payment help is here. Down payment assistance programs are now available to qualifying first time home buyers in Pennsylvania. Check out the six different programs that offer budget friendly stress free terms to help renters attain the American dream of home ownership: Montgomery County First time Buyer Program …
Apr 30
Neighbors Your Clients Don’t Want
Neighbors Your Clients Don’t Want While you help your clients find the perfect home, you can’t guarantee they’ll have the perfect neighbors. “The neighbors’ noise and aesthetics are among the top concerns of home buyers,” says Noah Goldberg, a Redfin real estate professional in Northern New Jersey. “If you have a bad neighbor, that’s something …
Apr 29
Mortgage Rates Rise again this week
Mortgage Rates Rise again this week Mortgage rates have slowly been inching up over the past month, but they remain below their levels a year ago. “Despite the recent rise in mortgage rates, both existing- and new-home sales continue to show strength—indicating the lagged effect of lower rates on housing demand,” says Sam Khater, …
Apr 26
Latest Housing Forecast
Latest Housing Forecast Economists are sounding more upbeat toward the housing market this year. Realtor.com® has revised its 2019 housing forecast, reflecting optimism for a much stronger market. Lower mortgage rates are mostly behind the shifts in attitude. Realtor.com® economists are projecting mortgage rates to average 4.5 percent by the end of the year—nearly a …
Apr 25
A home for sale at 2158 Sproul Rd Broomall, PA 19008 in Delaware County
A home for sale at 2158 Sproul Rd Broomall, PA 19008 in Delaware County Cell Number: (610) 659-3999 {Smart Phones Click to Call} Direct Number: (610) 353-5366 {Smart Phones Click to Call} Fax: (610) 771-4480 Email: anthony@anthonydidonato.com Call me for info on this home for sale at 2158 Sproul Rd Broomall, PA 19008 in Delaware …
Apr 25
Builders See Different Paths to obtaining a home
Builders See Different Paths to obtaining a home Housing developers recognize the broad demand among home buyers for modestly priced new-construction homes but differ with consumers on how the nation should boost its supply of so-called “attainable” housing, according to a report from the Urban Land Institute. Developers say it’s worth limiting community amenities, …
Apr 24
A smooth mortgage experience.
A smooth mortgage experience. What to expect! We want you to have the smoothest possible mortgage experience. The important tips in the photo below can make a critical difference in helping to ensure your application is processed as quickly as possible. As always, we are here to assist every step along the way. Keep All …
Apr 23
Home Starts Fall to 2-Year Lows
Home Starts Fall to 2-Year Lows Housing starts continued to underperform in March, despite calls from the housing industry to build more to help inventory-starved markets. Total housing starts fell to a seasonally adjusted annual rate of 1.14 million in March, the lowest since May 2017, the Commerce Department reports. Starts are 14.2 percent lower …
Apr 22
Mortgage Rates Rise Again
Mortgage Rates Rise Again For the third week in a row, mortgage rates inched upward, but economists were quick to reassure home buyers and potential refinancers that rates remain still remain well below year-ago averages. “After dropping dramatically in late March, mortgage rates have modestly increased since then,” says Sam Khater, Freddie Mac’s chief economist. …
Apr 19
Homeowners Fare Better Than Renters
Homeowners Fare Better Than Renters Affordability is a much more pertinent issue for renters than homeowners, according to new research from CoreLogic, a real estate data firm. Since 2005, the monthly cost to rent a single-family home has risen significantly, while the monthly principal-and-interest mortgage payments of homeowners dropped slightly. CoreLogic’s national rent index jumped …