A Costly Mistake for Mortgage Borrowers? Consumers could be leaving money on the table by failing to gather quotes from multiple lenders when shopping for a mortgage. In fact, borrowers stand to save an average of $1,500 over the life of a 30-year loan by just getting one additional rate quote when shopping for …
Tag: News
Apr 19
Still Renting? We have a better options.
Still Renting? We have a better options. With interest rates at an all-time low, now is the time to buy. More people than ever are turning to property and housing as a way to incest their income and watching it grow. Whit a variety of loan programs available, it’s time to begin exploring home ownership …
Apr 18
Credit Policy Changes Could Boost Scores
Credit Policy Changes Could Boost Scores The three major credit reporting agencies are implementing policy changes for credit scoring that could lift the scores of some consumers. Equifax, Experian, and TransUnion will now exclude exclude all tax lien data from credit reports, which could raise some credit scores as much as 30 points, …
Apr 17
Time Buyers Retreat From Spring Market
Time Buyers Retreat From Spring Market Builders are making efforts to ramp up construction, but a large portion of home starts are in luxury markets, leaving inventory shortages in lower price brackets that are helping to sideline many first-time buyers. In the first two months of 2018, first-timers made up 29 percent of all …
Apr 16
FEMA Changes Encourage Private Flood Insurance
FEMA Changes Encourage Private Flood Insurance In the absence of legislative reform by Congress, there’s only so much the Federal Emergency Management Agency can do to encourage the growth of private flood insurance. But FEMA, which oversees federal flood insurance, has come up with a few small but meaningful program changes that will make it …
Apr 13
Show Off a Home’s Outdoor Space
Show Off a Home’s Outdoor Space Homeowners care about the entertainment value a backyard offers, and they’re devoting money to sprucing these spaces up, according to the latest Houzz Landscaping Survey, based on responses by more than 750 homeowners who are either in the middle of a landscaping project or planning one. Homeowners are …
Apr 12
Testimonial from M. Musso
from Maria Musso regarding 14 S. New Ardmore Ave. Broomall, PA 19008. “Anthony DiDonato is an EXCELLENT Realtor. He was so nice and easy to work with. His knowledge of the market and the Real Estate and financing industry in general was amazing! His negotiating skills gave me the ease and peace of mind that …
Apr 11
Is it time you had a mortgage checkup?
Is it time you had a mortgage checkup? Find out if your mortgage is working hard for your financial health. Having a regular checkups by a doctor is a critical setup to ensuring good health. The same holds true for one of your most important financial investments: your mortgage. A periodic review of your mortgage …
Apr 09
Mortgage Rates Ease This Week
Mortgage Rates Ease This Week Borrowers found some relief for the second consecutive week with lower mortgage rates. “After dropping earlier this week on trade-related anxiety in financial markets, the benchmark 10-year Treasury stabilized on Wednesday, but at a level slightly lower than from the start of last week,” explains Len Kiefer, Freddie Mac’s deputy chief …
Apr 06
Higher Property Taxes Hit Homeowners
Higher Property Taxes Hit Homeowners Many homeowners faced higher property tax bills in 2017. Property taxes levied on single-family homes in 2017 totaled $293.4 billion, up 6 percent from 2016. The average property tax on a single-family home in 2017 was $3,399 per home at an effective tax rate of 1.17 percent, according to ATTOM …
Apr 05
Home Improvement Personality Types
Home Improvement Personality Types A homeowner’s personality can have a big influence on their behavior when it comes to home improvement projects, according to a new survey by the Home Projects Council, a group of home improvement experts that aims to help homeowners improve their property values. The Home Projects Council identified the following five …
Apr 04
Homeowner Equity Is Hitting a Record High
Homeowner Equity Is Hitting a Record High Homeowners are getting richer, thanks to rising home values. The amount of equity that homeowners can tap into is now at the highest level on record, according to Black Knight Financial Services, a mortgage and finance industry solution provider. The amount a borrower can take out of a …
