Home Builders Are Lowering Prices Home builders are starting to lower their prices to better reach out to the growing demand for smaller, more affordable homes. Sales prices of new homes dropped 0.5% in the second quarter of this year from 2018 levels. Prices for new homes reached a median of $372,900 in the second …
Tag: News
Aug 16
Lower Mortgage Payments by Refinancing Now.
Lower Mortgage Payments by Refinancing Now. Mortgage rates are hovering near three-year lows, and more homeowners may want to start taking advantage. Up to 20 million homeowners could “theoretically” see a 75-point drop in mortgage rates by refinancing, according to a recent analysis from Black Knight. For homeowners with a credit score of at least …
Aug 15
Home for sale – 406 E Rose Tree Rd Media, PA 19063 in Delaware County
Home for sale – 406 E Rose Tree Rd Media, PA 19063 in Delaware County Media, PA 19063 2 Beds 1 Bath 1,176 sqft $289,900 Est. Mortgage $1,656/mo Description about this home for sale at 406 E Rose Tree Rd Media, PA 19063 Tucked away in a very private setting is …
Aug 15
Average Mortgage Debt
Average Mortgage Debt In more places, homeowners are carrying supersized mortgages. Outstanding mortgage balances rose nationwide for the seventh consecutive quarter and reached a new high of $9.5 trillion, according to first-quarter data from Experian. “While mortgage debt numbers could be a cause for concern as buyers increasingly leverage their finances to purchase homes, other …
Aug 14
Genworth Home Buyer Privileges Program
Genworth Home Buyer Privileges Program Purchase or refinance your home and enjoy exclusive benefits from Genworth! Save up to $7500 on furniture, appliances, home décor and more! We believe in giving our customers more. That includes advantages like membership in Genworth Mortgage Home Buyer Privileges Program. With the Home Buyer Privileges you’ll enjoy: Total …
Aug 13
More Faith in Real Estate Than Stocks
More Faith in Real Estate Than Stocks Real estate has surpassed stocks as Americans’ favorite long-term investment, according to a nationwide Bankrate survey of about 1,000 respondents. Thirty-one percent of survey respondents named real estate as their favorite investment for building wealth that they don’t need access to for a decade or more. That is …
Aug 12
Home for sale – 211 W Rose Tree Rd Media, PA 19063 in Delaware County
Home for sale – 211 W Rose Tree Rd Media, PA 19063 in Delaware County Media, PA 19063 4 Beds 4 Baths 3,509 sqft $430,000 Est. Mortgage $2,372/mo Description about this home for sale at 211 W Rose Tree Rd Media, PA 19063 Large ranch home situated on a little over an acre …
Aug 12
No Bidding Wars This Year?
No Bidding Wars This Year? Bidding wars are growing a lot less common, real estate pros report. By one measure, only 11.2% of offers written by Redfin real estate agents for their clients faced a bidding war in July—down more than 45% from a year earlier. That is also the lowest rate since at least …
Aug 09
Feeling good about real estate
Feeling good about real estate Fannie Mae’s Home Purchase Sentiment Index surged to a new high as consumers became more upbeat about buying and selling, mortgage rates, and their jobs. Five of the six components measured by the index rose month over month. “Consumer job confidence and favorable mortgage rate expectations lifted the HPSI to …
Aug 08
Shop Around for a Mortgage or it’s your loss.
Shop Around for a Mortgage or it’s your loss. More than a third of home buyers say they did not shop around before selecting their mortgage lender, according to new findings from Fannie Mae’s National Housing Survey. That may mean they’re missing out in thousands of dollars in savings. Real estate professionals, with …
Aug 07
A pre-approval puts you in control
A pre-approval puts you in control A pre-approval is documentation that is provided by a lender that has checked your income, credit history and documentation to determine the mortgage amount your’re qualified to borrow. Pre-approval saves time spent looking at houses you cannot afford. A pre-approval letter shows sellers that you’ve already started working with …
Aug 06
Discover the affordability of Home Ownership
Discover the affordability of Home Ownership Discover the affordability of home ownership! Whether you’re a first-time home buyer, a repeat buyer, or looking to refinance, John Coneys of Freedom Mortgage, (NMLS# 183853 – 610.322.4886) and I can help you find out what the Homeready program can do you for. #RealEstate #Realtor #HomeReady #PreApprovalChecklist #FreedomFast #PreApp …
