Mortgage Rates Back Above 3% The 30-year fixed-rate mortgage rose sharply this week, averaging 3.05%. That marks the highest average since April, according to Freddie Mac’s mortgage market survey. “As inflationary pressure builds due to the ongoing pandemic and tightening monetary policy, we expect rates to continue a modest upswing,” says Sam Khater, Freddie Mac’s chief …
Tag: Real Estate
Oct 18
Broomall PA / Delaware County Home – 124 Lori Ln Broomall, PA 19008
Broomall PA / Delaware County Home – 124 Lori Ln Broomall, PA 19008 $609,000 Est. Mortgage $3,120/mo* 4 Beds 3 Baths 2464 Sq. Ft. Description about this home for sale at 124 Lori Ln Broomall, PA 19008 Welcome home to 124 Lori Ln, a center hall colonial gem located in the desirable neighborhood of Olde …
Oct 18
Rents Post Biggest Increase Since 2006
Rents Post Biggest Increase Since 2006 Demand is surging for rental units and that is pushing up prices. The amount homeowners could receive from renting their home increased by 0.4%, which may seem small but is the largest one-month increase since 2006, according to the latest Consumer Price Index. Rents of primary residences jumped by …
Oct 18
No Need to Panic Over Foreclosure Spike
No Need to Panic Over Foreclosure Spike While U.S. foreclosure starts rose 67% in September compared with a year ago, they remain well below historic levels. The significant jump has to be seen in context: It is comparing the rate of foreclosure starts now to those of a year ago, when pandemic-led moratoriums were preventing foreclosures from moving forward. …
Oct 18
Home Buyers With Government Loans Struggle to Compete
Home Buyers With Government Loans Struggle to Compete Government-backed loans can offer lower down payment requirements and help some aspiring buyers purchase a home. But these loans often come with several extra requirements that may slow the process and put some at a disadvantage in a fast-paced offer situation. Eighty-nine percent of sellers would be …
Oct 13
Upper Darby PA / Delco Home – 112 S Lynn Blvd Upper Darby, PA 19082
Upper Darby PA / Delco Home – 112 S Lynn Blvd Upper Darby, PA 19082 $235,000 Est. Mortgage $1,263/mo* 3 Beds 2 Baths 1224 Sq. Ft. Description about this home for sale at 112 S Lynn Blvd Upper Darby, PA 19082 Welcome to 112 S Lynn! This charming 3 bedroom, 2 full bath cape cod, …
Oct 13
Find Deepest Seasonal Discounts on Homes
Find Deepest Seasonal Discounts on Homes Home buyers nationwide tend to see the lowest premiums during October and during the winter months, according to a new analysis from ATTOM Data Solutions, a real estate data firm, of more than 33 million single-family home and condo sales over the past eight years. Buyers may be more …
Oct 12
Media PA / Delco Home – 37 Shasta Ln Media, PA 19063
Media PA / Delco Home – 37 Shasta Ln Media, PA 19063 $85,000 Est. Mortgage $509/mo* 2 beds 2 Baths 840 Sq. Ft. Description about this home for sale at 37 Shasta Ln Media, PA 19063 Excellent opportunity to purchase this fine manufactured home in the Senior community of Village Green. This home has 2 …
Oct 12
Media PA / Delaware County Home – 622 Meadowvale Ln Media, PA 19063
Media PA / Delaware County Home – 622 Meadowvale Ln Media, PA 19063 $375,000 Est. Mortgage $1,990/mo* 4 Beds 2 Baths 1788 Sq. Ft. Description about this home for sale at 622 Meadowvale Ln Media, PA 19063 Welcome home to 622 Meadowvale Ln! Nestled into a quiet neighborhood in Media, you will fall in love …
Oct 12
Don’t Blow the Budget
Don’t Blow the Budget Over the last few months, high competition and the limited housing stock for sale have brought double-digit annual gains to home prices. That has locked out many buyers, particularly first-time home buyers, or forced them to stretch their budgets to the maximum. Amid those dynamics, the median price of an existing …
Oct 12
Mortgage Rates Dip Below 3%
Mortgage Rates Dip Below 3% Home buyers have another shot at snagging mortgage rates under 3% this week. The 30-year fixed-rate mortgage fell to 2.99%, defying expectations that below 3% rates were now gone. The Federal Reserve recently warned that it will soon begin tapering its bond purchases, which is expected to move rates …
Oct 11
Havertown PA / Delco Home – 545 Glendale Rd Havertown, PA 19083
Havertown PA / Delco Home – 545 Glendale Rd Havertown, PA 19083 $749,900 Original price: $769,500 Est. Mortgage $3,854/mo* 4 Beds 3 Baths 2900 Sq. Ft. Description about this home for sale at 545 Glendale Rd Havertown, PA 19083 Conveniently located near Routes “1”, “3” and “476,” this spectacular new construction single family home is …
