Lending Giants Shy Away From FHA Loans The nation’s largest home lenders are curtailing their involvement in Federal Housing Administration loans, known for their small down payment requirements and help to first-time buyers and lower-income Americans. Lenders say they are concerned that they will be penalized if underwriting errors occur and the loans default. Therefore, …
Tag: Real Estate
Sep 22
Mortgage Rates Make Biggest Jump of the Year
Mortgage Rates Make Biggest Jump of the Year Mortgage rates were on the rise this week, with fixed-rates making the biggest one-week leap so far this year, Freddie Mac reports in its weekly mortgage market survey. Fixed-rate mortgages are now at the highest level since the week ending May 1. Freddie Mac reports the following …
Sep 19
810 Crum Creek Rd Media, PA 19063 home for sale Delaware County
810 Crum Creek Rd Media, PA 19063 home for sale Delaware County Call me for info on this home for sale at 810 Crum Creek Rd Media, PA 19063 in Delaware County Cell Number: (610) 659-3999 {Smart Phones Click to Call} Email: anthonydidonato@gmail.com $299,900 2 bed 1 bath 1,280 sqft Single-Family Home …
Sep 19
Discount on Your Mortgage
Discount on Your Mortgage Lending giants Bank of America Corp. and Citigroup reportedly will offer mortgages at discounted rates to stir more lending among low-income borrowers and those with subprime credit histories. The loans will be originated through a program by the Neighborhood Assistance Corp. of America, a national nonprofit group that primarily assists low- …
Sep 18
707 Elena Dr Broomall, PA 19008 home for sale Delaware County
707 Elena Dr Broomall, PA 19008 home for sale Delaware County Call me for info on this home for sale at 707 Elena Dr Broomall, PA 19008 in Delaware County Cell Number: (610) 659-3999 {Smart Phones Click to Call} Email: anthonydidonato@gmail.com $489,900 4 bed 3 bath 2,536 sqft Single-Family Home Home Details for …
Sep 18
What’s Necessary to Bring Back First-Time Buyers…
What’s Necessary to Bring Back First-Time Buyers… The Federal Housing Administration’s rise in its mortgage insurance fees in recent years is pricing many “creditworthy Americans out of the market” and causing the number of first-time home buyers to reach new lows, housing analysts argue. First-time home purchases have fallen to historic lows. They account for …
Sep 17
40 James Rd Broomall, PA 19008 home for sale Delaware County
40 James Rd Broomall, PA 19008 home for sale Delaware County Call me for info on this home for sale at 40 James Rd Broomall, PA 19008 in Delaware County Cell Number: (610) 659-3999 {Smart Phones Click to Call} Email: anthonydidonato@gmail.com $239,900 3 bed 1 bath 1,152 sqft Single-Family Home Home Details for this …
Sep 17
Renters Account for Growth in Household Formation
Renters Account for Growth in Household Formation Construction on buildings with at least five apartments reached the highest monthly pace since the beginning of 2006, Freddie Mac reports in its Economic and Housing Market Outlook for September. But one big difference compared to 2006, Freddie economists note, is that there is less development of condominium …
Sep 16
718 Crum Creek Rd Broomall, PA 19008 home for sale Delaware County
718 Crum Creek Rd Broomall, PA 19008 home for sale Delaware County Call me for info on this home for sale at 718 Crum Creek Rd Broomall, PA 19008 in Delaware County Cell Number: (610) 659-3999 {Smart Phones Click to Call} Email: anthonydidonato@gmail.com $650,000 4 bed 3 bath 3,172 sqft Single-Family Home Home Details …
Sep 16
Fear Is Holding Many Buyers Back
Fear Is Holding Many Buyers Back Nearly two-thirds of Americans recently surveyed say they believed a stellar credit score was necessary to purchase a home, and more than 40 percent said they needed a down payment equal to or at least 20 percent of the purchase price to buy a home today, according to a …
Sep 15
2609 Andrew Rd Broomall, PA 19008 home for sale Delaware County
2609 Andrew Rd Broomall, PA 19008 home for sale Delaware County Call me for info on this home for sale at 2609 Andrew Rd Broomall, PA 19008 in Delaware County Cell Number: (610) 659-3999 {Smart Phones Click to Call} Email: anthonydidonato@gmail.com $489,000 4 bed 3 bath 2,762 sqft Single-Family Home Home Details for …
Sep 15
School Districts Lift Home Prices
School Districts Lift Home Prices Homes within highly rated school districts tend to have a higher median sales price, sell for a greater percentage over the list price, and sell faster, according to a new study by the real estate brokerage Redfin. Highly rated public schools were found to have homes with a median sales …