Tag: Real Estate

3092 Heather Road, Broomall, PA. 19008 – Delco / Delaware County Home.

3092 Heather Road, Broomall, PA. 19008 $610,000 Est. Mortgage $4,201/mo*4 Beds3 Baths3416 Sq. Ft. Listing courtesy of Bobby Small – Compass RE Description about this home for sale at 3092 Heather Road, Broomall, PA. 19008 It isn’t often you are immediately charmed by the exterior of a home. The beautiful front yard with mature trees …

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Lenders Considers Student Debt Relief for First-Time Buyers

Maine lawmakers are weighing a proposal that could forgive up to $40,000 in student loan debt for first-time buyers in the state. The Maine Smart Buy bill would pay off student debt of at least $5,000 over five years as long as the buyer lived in the home for that long. Buyers must meet credit …

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Mortgage Rates Dip

The 30-year fixed-rate mortgage reversed course this week and decreased to an average of 3.89%, Freddie Mac reports. However, with expectations of even higher inflation on the horizon, mortgage rates likely will resume their upward trek over the coming weeks, Nadia Evangelou, senior economist and director of forecasting at the National Association of REALTORS®, notes …

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1003 Richmond Road, Broomall, PA. 19008 – Delco /Delaware County Home.

1003 Richmond Road, Broomall, PA. 19008 $659,900 Est. Mortgage $4,556/mo*3 Beds3 Baths2960 Sq. Ft. Listing courtesy of Janeen Connell – Long & Foster Real Estate, Inc. Description about this home for sale at 1003 Richmond Road, Broomall, PA. 19008 Welcome to the remarkable 1003 Richmond Rd located in the Marple Summit , one of the …

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Homeowners Tempted To Use Equity

Homeowners are seeing record levels of equity in their properties, and many plan to tap into some of that newfound wealth. Mortgage holders have an average of about $185,000 in home equity, according to research from Black Knight. That amount assumes retaining a 20% stake in the property. The options to draw money from a …

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Mortgage Rates Rise After Preapproval

Buyers are getting preapproved for mortgages to better compete in a fast-paced housing market and to be mortgage-ready as soon as they are ready to make an offer. However, preapproval doesn’t lock in their mortgage rate, which can continue to rise . Some buyers are finding that after their offer is accepted, they must stretch their …

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309 56th st. #B5, Sea Isle City, NJ. 08243 – Jersey Shore Vacation Home.

309 56th st. #B5, Sea Isle City, NJ. 08243 $849,000 Est. Mortgage $5,540/mo*2 Beds2 Baths Listing courtesy of Joseph Iannone – FREDA REAL ESTATE Description about this home for sale at 309 56th st. #B5, Sea Isle City, NJ. 08243 Offering a top floor condo at Bend of the Bay! Spotless two bedroom one and …

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Fannie, Freddie Offer $1B To Boost Affordable Housing

Mortgage financing giants Fannie Mae and Freddie Mac are pledging to help increase affordable housing as they look to curb a nationwide housing shortage. The government-sponsored enterprises are offering their largest amount ever toward affordable housing, contributing $1.14 billion to the Housing Trust Fund and the Capital Magnet Fund. The “announcement of record funding for …

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What May Impact Mortgage Rates

Mortgage rates in the U.S. have risen this year and are expected to continue doing so, but the conflict between Russia and Ukraine could throw a wild card into those projections. The 30-year fixed-rate mortgage climbed by 37 basis points over the first two full weeks of February, according to Freddie Mac. But last week, as …

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324 40th St. W, Sea Isle City, NJ. 08243 – Jersey Shore Vacation Home.

324 40th St. W, Sea Isle City, NJ. 08243 $1,349,000 Est. Mortgage $8,346/mo*5 Beds3 Baths Listing courtesy of Jason Walawender – COMPASS RE – Sic Description about this home for sale at 324 40th St. W, Sea Isle City, NJ. 08243 Welcome to 324-40th Steet West in Sea Isle City. This nicely maintained town home …

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24 89th Street, Sea Isle City, NJ. 08243 – Jersey Shore Vacation Home.

24 89th Street, Sea Isle City, NJ. 08243 $4,999,000 Est. Mortgage $30,752/mo*6 Beds4 Baths2764 Sq. Ft. Listing courtesy of Dustin Laricks – COMPASS RE – Sic Description about this home for sale at 24 89th Street, Sea Isle City, NJ. 08243 Take a look at this beachfront paradise in the sought-after Townsend’s Inlet section of …

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Rates Drop

Mortgage rates fell again this week amid Russia’s invasion of Ukraine, sparking uncertainty across the globe including in U.S. markets. The 30-year fixed-rate mortgage dropped to a 3.76% average this week, Freddie Mac reports. “Geopolitical tensions caused U.S. Treasury yields to recede this week as investors moved to the safety of bonds, leading to a …

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