Jun 04
630 South Central Blvd, Broomall, PA. 19008 $549,900 Est. Mortgage $3,727/mo*5 Beds3 Baths1260 Sq. Ft. Listing courtesy of Helene Donohue – BHHS Fox & Roach-West Chester Description about this home for sale at 630 South Central Blvd, Broomall, PA. 19008 Not your ordinary ranch home at 630 S Central Blvd which boast of a unique …
Jun 04
Rising home prices are prompting more borrowers to take out supersized home loans. Borrowers are taking out the largest mortgages ever on record. The average purchase loan size reached an all-time high of $453,000, the Mortgage Bankers Association reports. Loan sizes have continuously been hitting new record highs over recent weeks. Home prices are up …
Jun 03
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 not seen since May …
Jun 03
413 Hampshire Drive, Broomall, PA. 19008 $570,000 Est. Mortgage $3,897/mo*3 Beds3 Baths2128 Sq. ft. Listing courtesy of Alison Faga – Irving A Miller. Description about this home for sale at 413 Hampshire Drive, Broomall, PA. 19008 In the sought out neighborhood of Lawrence Park, welcome to 413 Hampshire Dr. Immaculate 3 bedroom, 2.5 bath Colonial. …
May 31
3092 Heather Road, Broomall, PA. 19008 $610,000 Est. Mortgage $4,201/mo*4 Beds3 Baths3416 Sq. Ft. Listing courtesy of Bobby Small – Compass RE Description about this home for sale at 3092 Heather Road, Broomall, PA. 19008 It isn’t often you are immediately charmed by the exterior of a home. The beautiful front yard with mature trees …
May 31
Maine lawmakers are weighing a proposal that could forgive up to $40,000 in student loan debt for first-time buyers in the state. The Maine Smart Buy bill would pay off student debt of at least $5,000 over five years as long as the buyer lived in the home for that long. Buyers must meet credit …
May 30
The 30-year fixed-rate mortgage reversed course this week and decreased to an average of 3.89%, Freddie Mac reports. However, with expectations of even higher inflation on the horizon, mortgage rates likely will resume their upward trek over the coming weeks, Nadia Evangelou, senior economist and director of forecasting at the National Association of REALTORS®, notes …
May 30
1003 Richmond Road, Broomall, PA. 19008 $659,900 Est. Mortgage $4,556/mo*3 Beds3 Baths2960 Sq. Ft. Listing courtesy of Janeen Connell – Long & Foster Real Estate, Inc. Description about this home for sale at 1003 Richmond Road, Broomall, PA. 19008 Welcome to the remarkable 1003 Richmond Rd located in the Marple Summit , one of the …
May 29
Homeowners are seeing record levels of equity in their properties, and many plan to tap into some of that newfound wealth. Mortgage holders have an average of about $185,000 in home equity, according to research from Black Knight. That amount assumes retaining a 20% stake in the property. The options to draw money from a …
May 29
Buyers are getting preapproved for mortgages to better compete in a fast-paced housing market and to be mortgage-ready as soon as they are ready to make an offer. However, preapproval doesn’t lock in their mortgage rate, which can continue to rise . Some buyers are finding that after their offer is accepted, they must stretch their …
May 29
309 56th st. #B5, Sea Isle City, NJ. 08243 $849,000 Est. Mortgage $5,540/mo*2 Beds2 Baths Listing courtesy of Joseph Iannone – FREDA REAL ESTATE Description about this home for sale at 309 56th st. #B5, Sea Isle City, NJ. 08243 Offering a top floor condo at Bend of the Bay! Spotless two bedroom one and …
May 28
Mortgage financing giants Fannie Mae and Freddie Mac are pledging to help increase affordable housing as they look to curb a nationwide housing shortage. The government-sponsored enterprises are offering their largest amount ever toward affordable housing, contributing $1.14 billion to the Housing Trust Fund and the Capital Magnet Fund. The “announcement of record funding for …
