Mortgage rates in the U.S. have risen this year and are expected to continue doing so, but the conflict between Russia and Ukraine could throw a wild card into those projections. The 30-year fixed-rate mortgage climbed by 37 basis points over the first two full weeks of February, according to Freddie Mac. But last week, as …
Tag: Anthony DiDonato
May 28
324 40th St. W, Sea Isle City, NJ. 08243 – Jersey Shore Vacation Home.
324 40th St. W, Sea Isle City, NJ. 08243 $1,349,000 Est. Mortgage $8,346/mo*5 Beds3 Baths Listing courtesy of Jason Walawender – COMPASS RE – Sic Description about this home for sale at 324 40th St. W, Sea Isle City, NJ. 08243 Welcome to 324-40th Steet West in Sea Isle City. This nicely maintained town home …
May 24
24 89th Street, Sea Isle City, NJ. 08243 – Jersey Shore Vacation Home.
24 89th Street, Sea Isle City, NJ. 08243 $4,999,000 Est. Mortgage $30,752/mo*6 Beds4 Baths2764 Sq. Ft. Listing courtesy of Dustin Laricks – COMPASS RE – Sic Description about this home for sale at 24 89th Street, Sea Isle City, NJ. 08243 Take a look at this beachfront paradise in the sought-after Townsend’s Inlet section of …
May 24
Rates Drop
Mortgage rates fell again this week amid Russia’s invasion of Ukraine, sparking uncertainty across the globe including in U.S. markets. The 30-year fixed-rate mortgage dropped to a 3.76% average this week, Freddie Mac reports. “Geopolitical tensions caused U.S. Treasury yields to recede this week as investors moved to the safety of bonds, leading to a …
May 23
Jumbo Loans Reach 16-Year High
Hoping to take advantage of mortgage rates that are still historically low, more Americans are pushing into higher mortgage levels to afford more expensive homes. Lenders reported that 2021 marked the highest dollar volume in jumbo loan origination’s since 2005. Jumbo loans are mortgages that exceed the loan limits of Fannie Mae and Freddie Mac. Rates …
May 23
3802 Landis Ave, Sea Isle City, NJ. 08243 – Jersey Shore Vacation Home.
3802 Landis Ave, Sea Isle City, NJ. 08243 $1,690,000 Est. Mortgage $10,339/mo*14 Bed5 Bath6000 Sq. Ft. Listing courtesy of Bonnie Fiorentino – BERKSHIRE HATHAWAY HS FOX & ROACH sic Description about this home for sale at 3802 Landis Ave, Sea Isle City, NJ. 08243 ONE OF A KIND UNIQUE PROPERTY !….AFFECTIONATELY KNOWN AS THE TAJ …
May 22
2739 S. Kent Road, Broomall, PA. 19008 – Delco / Delaware County PA Home.
2739 S. Kent Road, Broomall, PA. 19008 $724,900 Est. Mortgage $4,928/mo*3 Beds4 Baths2755 Sq. Ft. Listing courtesy of Norm Andrews – RE/MAX Preferred – Newtown Square Description about this home for sale at 2739 S. Kent Road, Broomall, PA. 19008 Impressive Classic Mozino Built Multi Level Stone Split Level offered for sale on an oversized …
May 22
Rising Mortgage Rates Could Hamper Affordability
About 87.5 million households are unable to afford a median-priced new home, according to data from the National Association of Home Builders. If the new-home market prices were to rise by just $1,000, an additional 117,932 would be priced out. Mortgage rates also could further hamper household affordability. Many economists have predicted rates will rise …
May 21
Mortgage Delinquencies Drop to Record Low
The percentage of homes with mortgages that have late payments or are in foreclosure has dropped to the lowest seen on record in more than two decades, according to CoreLogic’s data dating back to 1999. The nation’s overall delinquency dropped to 3.4% at the end of 2021, with the majority of states posting a year-over-year …
May 21
33 Rittenhouse Road, Broomall, PA. 19008 – Delaware County / Delco Home.
33 Rittenhouse Road, Broomall, PA. 19008 $525,000 Est. Mortgage $3,593/mo*4 Beds2 Baths2024 Sq. Ft. Listing courtesy of Bob Kline – BHHS Fox & Roach Wayne-Devon Description about this home for sale at 33 Rittenhouse Road, Broomall, PA. 19008 Stone/Brick 4 Br colonial with family room addition and 1st floor den. Modern Kitchen leads into large …
May 20
304 South New Ardmore Ave, Broomall, PA. 19008 – Delco / Delaware County Home.
304 South New Ardmore Ave, Broomall, PA. 19008 $549,000 Est. Mortgage $3,751/mo*3 Beds3 Baths1717 Sq. Ft. Listing courtesy of Brent Celek – Brent Celek Real Estate, LLC Description about this home for sale at 304 South New Ardmore Ave, Broomall, PA. 19008 Welcome to your dream home in the heart of Broomall, PA! This stunning …
May 20
Millennials Fear More Debt
Debt is a significant concern for millennials, and their worries may be so great that they are reluctant to buy a home. Nearly half of the millennials surveyed in January by Rocket Mortgage said they had delayed their decision to purchase a home due to fear of falling into debt. They also reported wanting to save more money for …
