Mortgage Rates Dip Below 3% The 30-year fixed-rate mortgage averaged 2.98% this week, the lowest rate in Freddie Mac’s records dating back to 1971. “The drop has led to increased home buyer demand and, these low rates have been capitalized into asset prices in support of the financial markets,” says Sam Khater, Freddie Mac’s chief …
Tag: News
Jul 20
Could Low Mortgage Rates End Up Hurting First-Time Buyers?
Could Low Mortgage Rates End Up Hurting First-Time Buyers? Record low mortgage rates can save buyers money when financing a home purchase. But realtor.com® warns that those rock-bottom rates may make it more difficult for first-time buyers in the future. A shortage of affordably priced homes is causing first-time home buyers to face fierce competition, …
Jul 17
Commercial Giant Still Betting on Coworking Growth
Commercial Giant Still Betting on Coworking Growth While the flexible office space market known as coworking had already started to slow prior to the pandemic, concerns over the spread of germs and related issues leave some housing analysts concerned whether coworking spaces can survive. But commercial giant JLL is still bullish on the sector. In …
Jul 16
Offices Are Sprouting in the Backyard
Offices Are Sprouting in the Backyard As remote working grows more common, homeowners are trying to carve out more space, indoors and out, for a dedicated home office. When space is tight or household noise is too loud, some homeowners are taking their office outside. The backyard home office is a growing trend, The New …
Jul 15
Time for a mortgage check up?
Time for a mortgage check up? Check out the below graphic then give me a call to discuss your mortgage needs! Is it time you had a mortgage checkup? Find out if your mortgage is contributing to your financial health by contacting John Coneys of Freedom Mortgage, (NMLS# 183853 – 610.322.4886) and me, for a …
Jul 07
Adapt to Drive-Thru Events, Virtual Launch Parties
Adapt to Drive-Thru Events, Virtual Launch Parties Typical launch events or broker happy hours may be a thing of the past for residential and commercial development projects. In the midst of the pandemic, developers are finding new ways to promote their projects, such as through drive-thru events and virtual launches. The Real Deal reports how …
Jul 06
Summer Trends for Creating Cozier Backyards
Summer Trends for Creating Cozier Backyards Homeowners and buyers are placing greater emphasis on yard appeal this year. Google Trends data reveals frequent internet searches for how to enhance outdoor space. Living Spaces, a home décor retailer, recently highlighted several outdoor trends that consumers are searching for the most on Google this summer. Here are …
Jul 02
Freddie, Fannie Extend Aid to Landlords, Renters
Freddie, Fannie Extend Aid to Landlords, Renters With federal protections about to expire, landlords are being offered additional help as the COVID-19 pandemic continues. The Federal Housing Finance Agency said Monday that multifamily property owners currently in forbearance can request an extension of their payment suspension for three additional months. That will amount up to …
Jul 01
Home Sales Post Record-Setting Rebound in May
Home Sales Post Record-Setting Rebound in May Following two consecutive months of declines, pending home sales came roaring back in May, the National Association of REALTORS® reported Monday. Every major region of the U.S. posted month-over-month increases, including the South, which also bested its levels from a year ago. Home buyers reemerged, ready to move …
Jun 30
Discover the affordability of home ownership
Discover the affordability of home ownership For those with modest savings, a HomeReady mortgage can be a great option. Thanks to features like down payment as low as 3%, you are closer to home ownership than ever before! Whether you’re a first-time home buyer, a repeat buyer or a homer owner looking to refinance and …
Jun 29
Home Loan Process Explained in Detail
Home Loan Process Explained in Detail See the photo / chart below. The loan process can be a smooth one if you know the things to expect and what you should avoid. With the help of myself and John Coneys of Freedom Mortgage, you can get into your new home quickly with these tips …
Jun 19
Happy Father’s Day
Happy Father’s Day This Father’s Day give dad some valuable advice! There may never be a better time to consider refinancing or even purchasing that home of their dreams. Give me and John Coneys of Freedom Mortgage, a call today! #RealEstate #Realtor #HomeReady #RefinanceToday #FreedomFast #PreApp #LetFreedomHelp #HappyFathersDay
