Tag: Real Estate

215 45th Street West, Sea Isle City, NJ. 08243 – Jersey Shore Vacation Home.

215 45th Street West, Sea Isle City, NJ. 08243 $1,350,000 Est. Mortgage $8,160/mo*4 Beds2 Baths Listing courtesy of Terese A Jones-Anders – RE/MAX PREFERRED SEA ISLE Description about this home for sale at 215 45th Street West, Sea Isle City, NJ. 08243 Welcome to 215 45th St. West! Discover this beautifully renovated town-home with 4 …

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305 40th Street, W., Sea Isle City, NJ. 08243 – Jersey Shore Vacation Home.

305 40th Street, W., Sea Isle City, NJ. 08243 $1,349,000 Est. Mortgage $8,140/mo*4 Beds3 Baths Listing courtesy of Moira K. Smith – COMPASS RE – Sic Description about this home for sale at 305 40th Street, W., Sea Isle City, NJ. 08243 Welcome to 305 40th West, a meticulously cared for and fully furnished custom-built …

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Sales Up as Buyers Rush to Lock in Mortgage Rates

Home buyers may have felt more determined in November to purchase before 2021 comes to an end and mortgage rates and borrowing costs increase, as largely is forecasted to happen. Existing-home sales, which include completed transactions for single-family homes, townhomes, condos, and co-ops, rose 1.9% in November compared to October, the National Association of REALTORS® …

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Borrowers Taking Out Larger Mortgages

Home prices are rising by double-digit numbers, causing increasing concerns around housing affordability. The Commerce Department reported that median sales prices for new homes rose nearly 19% in November, while the National Association of REALTORS® reported existing-home prices jumped by a median of 13.9% annually last month. As home prices press higher, so is the …

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237 Fawnhill Road, Broomall, PA. 19008 – Delaware County / Delco Home.

237 Fawnhill Road, Broomall, PA. 19008 $595,000 Est. Mortgage $4,061/mo*3 Beds3 Baths1968 Sq. Ft. Listing courtesy of Janice Brown – Compass RE Description this home for sale at 237 Fawnhill Road, Broomall, PA. 19008 Step into 237 Fawnhill Road and experience a truly special setting ! This lovely home is a must-see in the highly …

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7704 Roberts Ave, Sea Isle City, NJ. 08243 – Jersey shore mansion .

7704 Roberts Ave, Sea Isle City, NJ. 08243 $6,495,000 Est. Mortgage $39,381/mo*10 Beds8 Baths5000 Sq. Ft. Listing courtesy of Nicholas Screnci – SEA ISLE REALTY Description about this home for sale at 7704 Roberts Ave, Sea Isle City, NJ. 08243 This extraordinary BAY FRONT ESTATE was created to luxuriously accommodate the largest of multi-generational families. …

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How about the 2021 Year-End Mortgage Rates at 3.11%?? Crazy ….

Mortgage rates stayed low for the final week of 2021, but housing analysts largely predict rates will be heading up in the coming weeks. “Mortgage rates have been effectively been moving sideways despite the increase in new COVID cases,” says Sam Khater, Freddie Mac’s chief economist. “This is because incoming economic data suggests that the …

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Higher Mortgage Loan Limits Take Effect

Conforming loan limits for mortgages backed by Fannie Mae and Freddie Mac have jumped in most of the country to $647,200, an increase of $98,950 from 2021’s limit of $548,250. The higher levels are in response to rising home prices over the past year. The new loan limits took effect Jan. 1. The Federal Housing …

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9 – 82nd Street, North #SEA, Sea Isle City, NJ. 08243 – Jersey Shore Vacation Home.

9 – 82nd Street, North #SEA, Sea Isle City, NJ. 08243 $2,995,000 Est. Mortgage $17,979/mo*4 Beds4 Baths2480 Sq. Ft. Listing courtesy of John Burke Jr – LONG & FOSTER REAL ESTATE, INC sic. Description about this home for sale at 9 – 82nd Street, North #SEA, Sea Isle City, NJ. 08243 Top-tier A+ Sea Isle …

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4 East Garden Road, Broomall, PA. 19008 – Delaware County / Delco Home.

4 East Garden Road, Broomall, PA. 19008 $449,900 Est. Mortgage $3,078/mo*3 Beds2 Baths1571 Sq. Ft. Listing courtesy of Madeline O’fria – Long & Foster Real Estate, Inc. Description about this home for sale at 4 East Garden Road, Broomall, PA. 19008 Welcome to the perfect house for empty nestors or first time buyers. Enjoy one …

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2021 saw Mortgage Borrowing at Record High

The hot housing market fueled an all-time record for the amount Americans borrowed to buy homes in 2021. Mortgage lenders issued $1.61 trillion in purchase loans last year, according to preliminary data from the Mortgage Bankers Association. That tops a previous record set in 2005 of $1.51 trillion. Home prices have grown by double digits …

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Mortgage Rates Higher Than at Any Point in 2021

Mortgage rates have taken a big leap at the start of the new year. In the first week of 2022, the 30-year fixed-rate mortgage jumped nearly 60 basis points higher than a year earlier, averaging 3.22% this week, Freddie Mac reports. “Mortgage rates increased during the first week of 2022 to the highest level since …

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