After weeks of rising rates, mortgage rates are now falling. The 30-year fixed-rate mortgage averaged 5.10% this week, Freddie Mac reports. “Mortgage rates decreased for the second week in a row due to multiple headwinds that the economy is facing,” says Sam Khater, Freddie Mac’s chief economist. “Despite the recent moderation in rates, the housing …
Tag: Anthony DiDonato
Mar 21
Jersey Shore Vacation Home – 3708 Pleasure Ave, Sea Isle City, NJ. 08243
3708 Pleasure Ave, Sea Isle City, NJ. 08243 Listing courtesy of Thomas Tyrrell -GOLDCOAST SOTHEBY’S INTERNATIONAL REALTY $1,000,000 Est. Mortgage $6,069/mo*3 Beds3 Baths Description about this home for sale at 3708 Pleasure Ave, Sea Isle City, NJ. 08243 Rare beach Block opportunity. This whole building has endless opportunities for its use. Currently set up as …
Mar 20
Broomall / Delco Home – 222 Brookthrope Cir, Broomall, PA. 19008
222 Brookthrope Cir, Broomall, PA. 19008 Listing courtesy of William Holder – RE/MAX Classic $630,000 Original price: $615,0003 Beds2 Baths2100 Sq. Ft. Description about this home for sale at 222 Brookthrope Cir, Broomall, PA. 19008 Welcome to your new home at 222 Brookthorpe Circle in the charming community of Broomall. This meticulously remodeled ranch-style residence …
Mar 20
Mortgage Applications Are Falling
The housing market is showing more signs of slowing. Purchase applications fell 1% last week compared to the previous week and volume is now 14% lower than a year ago, the Mortgage Bankers Association’s latest index shows. Overall, mortgage demand, which includes applications for refinancing and home purchases, has fallen to its lowest level since …
Mar 19
Signs of Widespread Buyer Regret Emerge
Seventy percent of recent home buyers say they rushed their property purchase due to market pressure, according to a new survey of more than 1,000 consumers conducted by MoneyWise. Rising home prices and mortgage rates made many buyers speed up their timelines, the survey notes. The speed of their decisions may later lead to some …
Mar 19
Jersey Shore Vacation home – 26th 54th st. W. Sea Isle City, NJ 08243
26th 54th st. W. Sea Isle City, NJ 08243 Listing courtesy of Ealita (Lee) Browning – FARINA & BOESHE, INC. $1,899,000 Est. Mortgage $11,467/mo*5 Beds3 Baths Description about this home for sale at 26th 54th st. W. Sea Isle City, NJ 08243 Just 4 houses from the Ocean & Promenade awaits your seashore dream home …
Mar 19
Broomall / Media Line Home – 673 Media Line Rd, Broomall, PA. 19008
673 Media Line Rd, Broomall, PA. 19008 Listing courtesy of Kevin Le – Realty Mark Associates-CC $625,000 Est. Mortgage $4,266/mo*4 Beds3 Baths2213 Sq. Ft. Description about this home for sale at 673 Media Line Rd, Broomall, PA. 19008 Welcome to Your New Home in Broomall, PA! Discover the perfect blend of comfort and versatility in …
Mar 18
Mortgage Rates Hold Mostly Flat This Week
The interest rate for the 30-year fixed-rate mortgage averaged 5.09% this week, continuing to inch down slightly. Still, rates are up significantly compared to a year ago. Due to the higher rates, home buyers need to earn about $30,000 more if they want to buy the typical home now compared to a year ago, Nadia …
Mar 18
Mortgage Demand Plummets to 22-Year Low
Mortgage applications dropped 6.5% last week, and demand reached the lowest point in 22 years, the Mortgage Bankers Association reported Wednesday. The index reflects applications for refinancings and home purchases. Mortgage applications for a home purchase, a gauge of homebuying, dropped 7% for the week and are now 21% lower than a year ago, the …
Mar 18
Jersey Shore Home – 4600 3B E Landis, Sea Isle City, NJ. 08243
4600 3B E Landis, Sea Isle City, NJ. 08243 Listing courtesy of Lisa Ann Payne – BHHS FOX and ROACH-Washington-Gloucester $235,000 Est. Mortgage $1,492/mo*1 Bed1 Bath Description about this home for sale at 4600 3B E Landis, Sea Isle City, NJ. 08243 Welcome to your dream beachside getaway at this beautiful Sea Isle City, NJ …
Mar 15
Jersey Shore / Sea Isle Home – 8203 E. Landis Ave E. Sea Isle City, NJ. 08243
8203 E. Landis Ave E. Sea Isle City, NJ. 08243 Listing courtesy of Nicholas Preuhs – LONG & FOSTER REAL ESTATE, INC sic $2,249,000 Est. Mortgage $13,531/mo*6 Beds5 Baths2400 Sq. Ft. Description on this home for sale at 8203 E. Landis Ave E. Sea Isle City, NJ. 08243 Make your beach home dreams come true …
Mar 15
Mortgage Rates Turn Upward Again
The reversal after declines over the last three weeks has economists closely watching for the Fed’s anticipated rate hike next week. Following three weeks of declines, mortgage rates reversed course and headed back up this week. The 30-year fixed-rate mortgage averaged 5.23% for the week ending June 9; a year ago, it averaged below 3%. …
