Tag: Real Estate

4 East Garden Road, Broomall, PA. 19008 – Delaware County / Delco Home.

4 East Garden Road, Broomall, PA. 19008 $449,900 Est. Mortgage $3,078/mo*3 Beds2 Baths1571 Sq. Ft. Listing courtesy of Madeline O’fria – Long & Foster Real Estate, Inc. Description about this home for sale at 4 East Garden Road, Broomall, PA. 19008 Welcome to the perfect house for empty nestors or first time buyers. Enjoy one …

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2021 saw Mortgage Borrowing at Record High

The hot housing market fueled an all-time record for the amount Americans borrowed to buy homes in 2021. Mortgage lenders issued $1.61 trillion in purchase loans last year, according to preliminary data from the Mortgage Bankers Association. That tops a previous record set in 2005 of $1.51 trillion. Home prices have grown by double digits …

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Mortgage Rates Higher Than at Any Point in 2021

Mortgage rates have taken a big leap at the start of the new year. In the first week of 2022, the 30-year fixed-rate mortgage jumped nearly 60 basis points higher than a year earlier, averaging 3.22% this week, Freddie Mac reports. “Mortgage rates increased during the first week of 2022 to the highest level since …

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111 5th Ave, Broomall, PA. 19008 – Delaware County / Delco Home.

111 5th Ave, Broomall, PA. 19008 $400,000 Est. Mortgage $2,719/mo*4 Beds2 Baths1664 Sq. Ft. Listing courtesy of Stephanie Olenik – KW Greater West Chester Description about this home for sale at 111 5th Ave, Broomall, PA. 19008 Welcome to 111 5th Avenue in Broomall, PA! This duplex features two separate units: the first floor with …

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130 88th St., Sea Isle City, NJ. 08243 – Vacation Home at Jersey Shore.

130 88th St., Sea Isle City, NJ. 08243 $2,499,000 Est. Mortgage $14,975/mo*4 Beds4 Baths2315 Sq. Ft. Listing courtesy of Dustin Laricks – COMPASS RE – Sic Description on this home for sale at 130 88th St., Sea Isle City, NJ. 08243 Introducing a stunning single-family home located in the highly sought-after Townsend’s Inlet section of …

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How Jobs, Inflation May Influence Borrowing Costs

The real estate industry is closely watching the so-called “Great Resignation,” a movement that started with the pandemic in which people are leaving the workforce in historically higher numbers. As more Americans quit their jobs, will they set out for greener pastures by moving to a new location? The trend is only growing: In November, …

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Rising Rates Pressure Buyers

House hunters are watching mortgage rates closely. After all, every increase could have an impact on affordability, particularly given escalating home prices. Nearly half—47%—of home buyers recently surveyed say they would feel more pressure to buy a home if mortgage rates passed 3.5%, according to a new consumer survey conducted by Redfin. Mortgage rates are …

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113 91st Street, Sea Isle City, NJ. 08243 – Jersey Shore Vacation Home.

113 91st Street, Sea Isle City, NJ. 08243 $2,499,000 Est. Mortgage $15,067/mo*3 Beds2 Baths Listing courtesy of Maureen Morrison – FREDA REAL ESTATE Description about this home for sale at 113 91st Street, Sea Isle City, NJ. 08243 Townsend Inlet Beach Block Opportunity located just 4 houses from the beautiful 91st St. beach! Imagine building …

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104 5th Ave, Broomall, PA. 19008 – Delco / Delaware County PA. Home.

104 5th Ave, Broomall, PA. 19008 $269,000 Est. Mortgage $1,866/mo*2 Beds1 bath770 Sq. Ft. Listing courtesy of Kathleen Kennedy – Long & Foster Real Estate, Inc. Description about this home for sale at 104 5th Ave, Broomall, PA. 19008 Perfect chance to own a single home in Broomall at an affordable price! There is a …

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Buyers Rushing to Lock In Mortgages

he housing market doesn’t appear to be following its typical seasonal slowdown this winter. Home buyers appeared in a rush last week, with economists crediting rising mortgage rates. Mortgage rates moved to their highest level in more than a year, the Mortgage Bankers Association reports. Buyers who are already facing higher home prices are watching …

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Mortgage Rates Post Big Jump This Week

Inflation continues to press on mortgage rates. The 30-year fixed-rate mortgage averaged 3.45% this week, up from last week’s 3.22% average, Freddie Mac reports. “Mortgage rates rose across all mortgage loan types, with the 30-year fixed-rate mortgage increasing by almost a quarter of a percent from last week,” says Sam Khater, Freddie Mac’s chief economist. …

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115 40th Street, #4A, Sea Isle City, NJ. 08243 – Jersey Shore Home.

115 40th Street, #4A, Sea Isle City, NJ. 08243 $729,000 Est. Mortgage $4,460/mo*3 Beds2 baths Listing courtesy of Robert Shamberg – BHHS DIVERSIFIED REALTY Description about this home for sale at 115 40th Street, #4A, Sea Isle City, NJ. 08243 Welcome to Sea Isle City, your slice of paradise and tranquility at the Jersey Shore! …

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