Mortgage Rates Top 6% for First Time Since 2008 The interest rate for the 30-year fixed-rate mortgage crossed a major threshold this week, hitting 6.02%—the first time it has broken 6% since 2008, Freddie Mac reported Thursday. Volatile mortgage rates are sending shockwaves through the housing market and unnerving home buyers who are concerned about …
Tag: Anthony DiDonato
Sep 16
Broomall / Delco PA. Home – 3042 Lovell Ave, Broomall, PA. 19008
Listing courtesy of Ben Slater, – RE/MAX Preferred $569,000 Est. Mortgage $3,796/mo*4 Beds3 Baths2475 Sq. Ft. Description about this home for sale at 3042 Lovell Ave, Broomall, PA. 19008 Extraordinary Opportunity to Purchase a Renovated 4 Bedroom 2 1/2 Bath Single Family Home in a Prime location in Broomall PA . This Home Features a …
Sep 16
REALTORS® Are Donating More Money, Time to Charity
REALTORS® Are Donating More Money, Time to Charity REALTORS® are building deep connections within their communities, giving more money and devoting more time to support numerous causes from neighborhood cleanups to fundraising for those in need. Eighty-three percent of the nation’s 1.5 million REALTORS® cite community involvement as an important component of their business plan, …
Sep 15
Buyers Should Shop Around for a Mortgage as Rates Rise
Buyers Should Shop Around for a Mortgage as Rates Rise As mortgage rates surge and remain volatile, it’s becoming increasingly necessary for home buyers to shop around for a loan to find savings. According to Freddie Mac, borrowers potentially could save an average of $1,500 over the life of a loan by gathering one additional rate …
Sep 15
Sea Isle City / Jersey Shore Home – 131 52nd Street, Sea Isle City, NJ. 08243
Listing courtesy of Ian Ciseck – LONG & FOSTER REAL ESTATE, INC sic $1,475,000 Est. Mortgage $8,594/mo*5 Beds3 Baths1986 Sq. Ft. Description on this home for sale at 131 52nd Street, Sea Isle City, NJ. 08243 LOCATION, LOCATION, LOCATION!!! This 5-bedroom, 3 full bath Townhouse is on one of Sea Isles most residential streets. Many …
Sep 14
New Jersey home – 62 Bismark Ave, Hamilton NJ. 08610
Listing courtesy of Eilleen Cardone, – Coldwell Banker $239,900 Est. Mortgage $1,655/mo* 2 Beds1 Bath1063 SQ. Ft. Description about this home for sale at 62 Bismark Ave, Hamilton NJ. 08610 This Hamilton bungalow offers great flexibility with its floorplan! Featuring a large living (or combo living/dining) space and kitchen, this 2 bedroom, 1 bath home …
Sep 14
Could Solving the Housing Shortage Help Close the Racial Gap, Too?
Could Solving the Housing Shortage Help Close the Racial Gap, Too? The nation’s housing shortage has also fueled a housing inequity problem, Bryan Greene, vice president of policy advocacy for the National Association of REALTORS®, writes in an essay included in a new report, “Housing Underproduction in the U.S.” To close the widening racial gap …
Sep 13
Jersey Shore / Sea Isle City Vacation Home – 3700 Boardwalk #806S, Sea Isle City, NJ 08243
Listing courtesy of Annamarie Germanio – RE/MAX PREFERRED SEA ISLE $775,000 Est. Mortgage $5,079/mo* 2 beds2 baths1053 Sq. Ft. Description about this home for sale at 3700 Boardwalk #806S, Sea Isle City, NJ 08243 Oceanfront condo with million dollar views over the ocean from Atlantic City to Avalon. This highly sought after spacious 1050+ square …
Sep 13
Background, Credit Checks Are Fertile Ground for Lawsuits
Background, Credit Checks Are Fertile Ground for Lawsuits Property managers and other real estate professionals routinely conduct background and credit checks in the course of business. Be vigilant: You could be sued for not adhering to federal and state regulations when gathering and sharing sensitive consumer data. The latest “Window to the Law” video from …
Sep 12
Broomall / Delco PA. Home – 414 Harvard Ave, Broomall, PA. 19008
Listing courtesy of Chris Cicione, (610) 283-1930 – United Real Estate, $499,000 Est. Mortgage $3,315/mo*4 Beds2 Baths2150 Sq. Ft. Description about this home for sale at 414 Harvard Ave, Broomall, PA. 19008 Welcome to this newly updated, beautiful rancher in the desirable neighborhood of Langford Hills in Broomall. Located in the sought after school district …
Sep 12
Mortgage Rates Rise Again, Nearing Affordability Threshold
Mortgage Rates Rise Again, Nearing Affordability Threshold Mortgage rates continued inching up this week, nearing a threshold that would bring the average American household to a financial tipping point, warns Nadia Evangelou, senior economist and director of forecasting for the National Association of REALTORS®. The 30-year fixed-rate mortgage jumped to an average of 5.66%, Freddie …
Sep 09
FSBOs Usually Soar in a Hot Market. Not This Time
FSBOs Usually Soar in a Hot Market. Not This Time The volatile housing market over the last couple of years has driven more consumers toward using real estate professionals rather than attempting to complete a transaction independently. FSBOs made up only 7% of home sales in 2021—the lowest share since 1981—according to the latest Profile …
