Fannie Mae Predicts More Fed Cuts Soon Fannie Mae economists are forecasting two more quarter-point interest rate cuts by the Federal Reserve this year, expecting that the Fed will move to cut rates in September and again in December. That could bode well for lowering mortgage rates for the remainder of the year. Even though …
Tag: Real Estate
Aug 21
Home for Sale – 566 S Old Middletown Rd Media, PA 19063 Delaware County
Home for Sale – 566 S Old Middletown Rd Media, PA 19063 Delaware County Media, PA 19063 4 Beds 3 Baths 2,440 sqft $375,000 $385,000 Est. Mortgage $2,093/mo Description about 566 S Old Middletown Rd Media, PA 19063 Middletown Township 2400+ square foot split level! Enter the first floor to the living room …
Aug 21
The Loan Process – Things to Expect and Avoid
The Loan Process – Things to Expect and Avoid It’s our goal to get you into your new home quickly! Here are some tips to help you prepare: Expect too… Submit all future paystubs Submit all future bank statements Keep copies of all documents submitted to processing Continue to pay all your debt and loans …
Aug 20
Home for sale -7 Stoney End Rd Broomall, PA 19008 Delaware County
Home for sale -7 Stoney End Rd Broomall, PA 19008 Delaware County Broomall, PA 19008 4 Beds 3 Baths 3,371 sqft $679,900 Est. Mortgage $3,787/mo Description about this home for sale at 7 Stoney End Rd Broomall, PA 19008 Elegant colonial home on fabulous cul-de-sac lot now offered in Marple Township with many …
Aug 20
Home building Shows Slight Upward Movement
Home Building Shows Slight Upward Movement New-home construction for single-family homes saw an improvement in July, despite builders’ concerns about affordability headwinds. Single-family housing starts rose 1.3% to 876,000 units last month, the Commerce Department reported. The largest regional increases in single-family homebuilding last month occurred in the South. But a decline last month in …
Aug 19
Home for sale – 213 Carlton Dr Broomall, PA 19008 Delaware County
Home for sale – 213 Carlton Dr Broomall, PA 19008 Delaware County Broomall, PA 19008 3 Beds 2 Baths 1,843 sqft $426,900 $427,000 Est. Mortgage $2,427/mo Description about this home for sale at 213 Carlton Dr Broomall, PA 19008 Absolutely One of Broomall~s Finest! Welcome to 213 Carlton Dr; an Updated Single in …
Aug 19
Home Builders Are Lowering Prices
Home Builders Are Lowering Prices Home builders are starting to lower their prices to better reach out to the growing demand for smaller, more affordable homes. Sales prices of new homes dropped 0.5% in the second quarter of this year from 2018 levels. Prices for new homes reached a median of $372,900 in the second …
Aug 16
Home for sale – 109 Corvus Cir Media, PA 19063 Delaware County
Home for sale – 109 Corvus Cir Media, PA 19063 Delaware County Media, PA 19063 3 Beds 3 Baths $579,900 Est. Mortgage $3,527/mo Description about this home for sale at 109 Corvus Cir Media, PA 19063 This Bradbury model makes it easy for you to move right in! This end unit has 3 …
Aug 16
Lower Mortgage Payments by Refinancing Now.
Lower Mortgage Payments by Refinancing Now. Mortgage rates are hovering near three-year lows, and more homeowners may want to start taking advantage. Up to 20 million homeowners could “theoretically” see a 75-point drop in mortgage rates by refinancing, according to a recent analysis from Black Knight. For homeowners with a credit score of at least …
Aug 15
Home for sale – 406 E Rose Tree Rd Media, PA 19063 in Delaware County
Home for sale – 406 E Rose Tree Rd Media, PA 19063 in Delaware County Media, PA 19063 2 Beds 1 Bath 1,176 sqft $289,900 Est. Mortgage $1,656/mo Description about this home for sale at 406 E Rose Tree Rd Media, PA 19063 Tucked away in a very private setting is …
Aug 15
Average Mortgage Debt
Average Mortgage Debt In more places, homeowners are carrying supersized mortgages. Outstanding mortgage balances rose nationwide for the seventh consecutive quarter and reached a new high of $9.5 trillion, according to first-quarter data from Experian. “While mortgage debt numbers could be a cause for concern as buyers increasingly leverage their finances to purchase homes, other …
Aug 14
Home for sale – 607 Autumn Ln Media, PA 19063 in Delaware County
Home for sale – 607 Autumn Ln Media, PA 19063 in Delaware County Media, PA 19063 4 Beds 2 Baths 1,624 sqft $405,000 Est. Mortgage $2,309/mo Description about this home for sale at 607 Autumn Ln Media, PA 19063 4 Bedroom Colonial in Upper Providence Township walking distance to Media Borough (downtown Media) …
