Mortgage Rates Nearing 4% Borrowing costs are climbing: The 30-year fixed-rate mortgage rose to a 3.92% average this week, Freddie Mac reports. “Mortgage rates jumped again due to high inflation and stronger than expected consumer spending,” says Sam Khater, Freddie Mac’s chief economist. “The 30-year fixed-rate mortgage is nearing four percent, reaching highs we have …
Tag: Anthony DiDonato
Feb 17
9 Great tips to prepare your home for sale.
Follow these helpful tips to showcase your home in the best way possible! With our help, we can explore homebuying options to help you meet your goals. With the help of myself and Katy Sychterz of RoundPoint Mortgage, (NMLS# 183951 – 484.534.5107) we can explore homebuying options to help you meet your goals. #RealEstate #Realtor …
Feb 16
Bucks County PA Home – 311 Moyer Rd. Perkasie, PA 18944
$829,000 Original price: $834,900Est. Mortgage $4,234/mo*5 Beds4 Baths3330 Sq. Ft. Description about this home for sale at 311 Moyer Rd. Perkasie, PA 18944 From the moment you enter the home, this home’s characteristics will amaze and draw you in. To the left of the 2 story entry foyer is the formal dining room with dramatic …
Feb 16
Markets With Highest Mortgage Fraud Risks
Markets With Highest Mortgage Fraud Risks Mortgage application fraud rose in the fourth quarter of 2021, according to CoreLogic’s Mortgage Fraud Brief, released Feb. 11. Lenders tracked several areas of risk, including occupancy fraud, employment and income fraud, and property fraud. The report analyzes the metro areas with the highest mortgage fraud risk on a quarterly …
Feb 16
‘Real Estate Agent’ Most Googled Job Search Term
‘Real Estate Agent’ Most Googled Job Search Term The pandemic-fueled trend of the “Great Resignation” has prompted a lot of people to leave their current jobs in search of new roles. For many people, that very well may be real estate, according to research findings from Google. Google revealed the search trends of the jobs attracting the most …
Feb 15
Debt to Income Ratio? What is it?
Calculating your Debt-To-Income ratio (DTI) is one of the simplest ways to get a handle on your financial health. With our help, we can explore homebuying options to help you meet your goals. With the help of myself and Katy Sychterz of RoundPoint Mortgage, (NMLS# 183951 – 484.534.5107) we can explore homebuying options to help …
Feb 15
Couples Buying Homes Before Marriage
Thirty-one percent of all Americans and 41% of 18-to-34-year-olds say they’ve purchased a primary residence with someone they aren’t married to, according to a survey by realtor.com®. Further, 55% of Americans and 68% of 18-to-34-year-olds say they would consider it. “With home prices skyrocketing in recent years, it’s become even more challenging to break into the …
Feb 15
Bucks County PA Home – 51 Pumpkin Hill Rd. Levittown, PA. 19056
$389,900 Est. Mortgage $2,038/mo*5 Beds2 Baths1550 Sq. Ft. Description about this home for sale at 51 Pumpkin Hill Rd. Levittown, PA. 19056 Welcome to Beautifully Renovated Cape Cod in Plumbridge Levittown! This gorgeous property is a wonderful opportunity to own a newly rehabbed single family home in Plumbridge ! This 5 bedroom 2 full bath …
Feb 11
Supply-Chain Continue Slowing Home Construction
Supply-Chain Woes Continue Slowing Home Construction Building material prices, production bottlenecks, and labor shortages will continue to dampen the pace of construction and affect home prices this year, economists told a crowd at the 2022 International Builders’ Show in Orlando. Building material costs have surged 21% compared to a year ago. Further, more than 300,000 job openings went …
Feb 11
Buyers Purchasing Older Homes
Buyers Purchasing Older Homes Homes in America are getting older. With new construction activity having declined for more than two decades, buyers are purchasing older homes. In 2021, the typical home purchased was built in 1993—28 years ago—according to new research from the National Association of REALTORS®. For comparison, in 2011, the typical home purchased …
Feb 11
Fewer Homeowners Are Selling
Fewer Homeowners Are Selling House hunters feeling that inventory continues to tighten are right, a new report shows. The number of homes for sale is down 28.4% compared to a year ago, according to realtor.com® data. Two years ago, before the COVID-19 pandemic, the number of active listings was 60% higher than today. Winter months …
Feb 10
Bucks County PA, Home – 117 Progress Dr. Doylestown PA. 18901
$479,000 Est. Mortgage $2,647/mo*2 Beds3 Baths2347 Sq. Ft. Description about this home for sale at 117 Progress Dr. Doylestown PA. 18901 Located in the desirable Villages of Doylestown, and walking distance to the YMCA and all Doylestown Borough has to offer, this 2-3 bedroom, 2.5 bath home is situated in an ideal location. The open …
