Mortgage applications dropped 6.5% last week, and demand reached the lowest point in 22 years, the Mortgage Bankers Association reported Wednesday. The index reflects applications for refinancings and home purchases. Mortgage applications for a home purchase, a gauge of homebuying, dropped 7% for the week and are now 21% lower than a year ago, the …
Tag: Anthony DiDonato
Mar 18
Jersey Shore Home – 4600 3B E Landis, Sea Isle City, NJ. 08243
4600 3B E Landis, Sea Isle City, NJ. 08243 Listing courtesy of Lisa Ann Payne – BHHS FOX and ROACH-Washington-Gloucester $235,000 Est. Mortgage $1,492/mo*1 Bed1 Bath Description about this home for sale at 4600 3B E Landis, Sea Isle City, NJ. 08243 Welcome to your dream beachside getaway at this beautiful Sea Isle City, NJ …
Mar 15
Jersey Shore / Sea Isle Home – 8203 E. Landis Ave E. Sea Isle City, NJ. 08243
8203 E. Landis Ave E. Sea Isle City, NJ. 08243 Listing courtesy of Nicholas Preuhs – LONG & FOSTER REAL ESTATE, INC sic $2,249,000 Est. Mortgage $13,531/mo*6 Beds5 Baths2400 Sq. Ft. Description on this home for sale at 8203 E. Landis Ave E. Sea Isle City, NJ. 08243 Make your beach home dreams come true …
Mar 15
Mortgage Rates Turn Upward Again
The reversal after declines over the last three weeks has economists closely watching for the Fed’s anticipated rate hike next week. Following three weeks of declines, mortgage rates reversed course and headed back up this week. The 30-year fixed-rate mortgage averaged 5.23% for the week ending June 9; a year ago, it averaged below 3%. …
Mar 14
Fed’s Aggressive Rate Hike May Influence ‘Shrinking Buyer Pool’
The Federal Reserve’s move to raise its benchmark rate by three-quarters of a percentage point—the largest increase since 1994—could put more upward pressure on near-6% mortgage rates and sideline more home buyers, says NAR Chief Economist Lawrence Yun. The Federal Reserve unleashed another hike to its short-term benchmark rate Wednesday. The increase, the Fed’s largest …
Mar 14
Delco / Broomall Home – 128 Harmil Rd. Broomall, PA. 19008
128 Harmil Rd. Broomall, PA. 19008 Listing courtesy of John Mcfadden – RE/MAX Hometown Realtors $375,000 Est. Mortgage $2,546/mo* 3 Beds2 Baths1092 Sq. Ft. Description about this home for sale at 128 Harmil Rd. Broomall, PA. 19008 Brick Ranch in need of updating throughout. 3 Bedrooms, 1.5 Baths. Very deep backyard goes back into the …
Mar 13
Thinking of investing in other properties?
Thinking of investing in other properties? The DSCR loan may be an option to easily qualify without all the paperwork hassle. Reach out to Century 21 All-Elite and lender Ken Jordan, NMLS 183317 of Princeton Mortgage to see if you fit that window! #DSCRloan
Mar 13
Having a hard time saving up for a downpayment on a home?
Having a hard time saving up for a downpayment on a home? The PHFA K-flex program can help give you the downpayment assistance you need to obtain a home. Century 21 All-Elite and lender Ken Jordan, NMLS 183317 of Princeton Mortgage can help you along the way with what makes the most sense for you. …
Mar 12
How much can a 2-1 buydown save you?
How much can a 2-1 buydown save you? These examples will help build a picture of how it works. Talk to your agent today on how to structure your offer. Ask Century 21 All-Elite and lender Ken Jordan, NMLS 183317 of Princeton Mortgage who have your best interests at heart! #2-1buydown
Mar 12
Looking at a loan option with 100% financing?
Looking at a loan option with 100% financing? Talk to your agent today to see if a property you love meets the criteria. Ask Century 21 All-Elite and lender Ken Jordan, NMLS 183317 of Princeton Mortgage who have your best interests at heart! #USDA
Mar 11
Broomall / Delco Home – 244 Warren Blvd, Broomall, PA. 19008
244 Warren Blvd, Broomall, PA. 19008 Listing courtesy of Debbie Disciascio – Long & Foster Real Estate, Inc. $379,900 Est. Mortgage $2,552/mo*3 Beds2 Baths1320 Sq. Ft. Description about this home for sale at 244 Warren Blvd, Broomall, PA. 19008 Great Opportunity for someone to own a property in desirable Broomall, located in a beautiful neighborhood! …
Mar 11
Surging Mortgage Rates Spook House Hunters
Borrowing costs have climbed to their highest level since 2008, sending shock waves through the housing market. Mortgage rates have climbed to their highest level since 2008, pinching home buyers’ budgets. The 30-year fixed-rate mortgage averaged 5.78% this week, way above its 2.93% average just one year ago, Freddie Mac reports. The Federal Reserve’s decision …
