Tag: Real Estate

2221 Dickens Lane, Broomall, PA. 19008 – Delco / Delaware County Home.

2221 Dickens Lane, Broomall, PA. 19008 $450,000 Est. Mortgage $3,019/mo* 3 Beds2 Baths1134 Sq. Ft. Listing courtesy of Mike Eagle – Keller Williams Realty Devon-Wayne Description about this home for sale at 2221 Dickens Lane, Broomall, PA. 19008 Discover this delightful brick rancher nestled in the serene neighborhood of Langford Hills. This inviting home features …

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Mortgage Payments Jump

Housing affordability is tightening as home prices continue to climb faster than incomes. The median family income rose by 4.5% year over year in December 2021, while the monthly mortgage payment rose 22.5%, the National Association of REALTORS® reports. The threat of rising mortgage rates could pose another challenge to housing affordability in the coming …

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Freddie Mac Tool Aims to Ease Mortgage Paperwork

Freddie Mac is launching an automated method for lenders to assess prospective borrowers’ income that is paid through direct deposits. The tool is intended to help reduce the paper documentation burden on borrowers so loans can close faster, Freddie Mac says. The income assessment tool will be available to mortgage lenders nationwide and can be …

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8609 Landis Ave #204, Sea Isle City, NJ. 08243 – Jersey Shore Vacation Home.

8609 Landis Ave #204, Sea Isle City, NJ. 08243 $1,050,000 Est. Mortgage $6,905/mo*3 Beds4 Baths Listing courtesy of Michael Crovo – COMPASS RE – Avalon Description about this home for sale at 8609 Landis Ave #204, Sea Isle City, NJ. 08243 Unit 204 at The Cove features a fully furnished and beautifully maintained condo in …

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630 South Central Blvd, Broomall, PA. 19008 – Delco / Delaware County Home.

630 South Central Blvd, Broomall, PA. 19008 $549,900 Est. Mortgage $3,727/mo*5 Beds3 Baths1260 Sq. Ft. Listing courtesy of Helene Donohue – BHHS Fox & Roach-West Chester Description about this home for sale at 630 South Central Blvd, Broomall, PA. 19008 Not your ordinary ranch home at 630 S Central Blvd which boast of a unique …

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Mortgage Amounts Break Record Again

Rising home prices are prompting more borrowers to take out supersized home loans. Borrowers are taking out the largest mortgages ever on record. The average purchase loan size reached an all-time high of $453,000, the Mortgage Bankers Association reports. Loan sizes have continuously been hitting new record highs over recent weeks. Home prices are up …

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Mortgage Rates past and present.

Borrowing costs are climbing: The 30-year fixed-rate mortgage rose to a 3.92% average this week, Freddie Mac reports. “Mortgage rates jumped again due to high inflation and stronger than expected consumer spending,” says Sam Khater, Freddie Mac’s chief economist. “The 30-year fixed-rate mortgage is nearing four percent, reaching highs we have not seen since May …

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413 Hampshire Drive, Broomall, PA. 19008 – Delco / Delaware County Home for sale.

413 Hampshire Drive, Broomall, PA. 19008 $570,000 Est. Mortgage $3,897/mo*3 Beds3 Baths2128 Sq. ft. Listing courtesy of Alison Faga – Irving A Miller. Description about this home for sale at 413 Hampshire Drive, Broomall, PA. 19008 In the sought out neighborhood of Lawrence Park, welcome to 413 Hampshire Dr. Immaculate 3 bedroom, 2.5 bath Colonial. …

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3092 Heather Road, Broomall, PA. 19008 – Delco / Delaware County Home.

3092 Heather Road, Broomall, PA. 19008 $610,000 Est. Mortgage $4,201/mo*4 Beds3 Baths3416 Sq. Ft. Listing courtesy of Bobby Small – Compass RE Description about this home for sale at 3092 Heather Road, Broomall, PA. 19008 It isn’t often you are immediately charmed by the exterior of a home. The beautiful front yard with mature trees …

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Lenders Considers Student Debt Relief for First-Time Buyers

Maine lawmakers are weighing a proposal that could forgive up to $40,000 in student loan debt for first-time buyers in the state. The Maine Smart Buy bill would pay off student debt of at least $5,000 over five years as long as the buyer lived in the home for that long. Buyers must meet credit …

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Mortgage Rates Dip

The 30-year fixed-rate mortgage reversed course this week and decreased to an average of 3.89%, Freddie Mac reports. However, with expectations of even higher inflation on the horizon, mortgage rates likely will resume their upward trek over the coming weeks, Nadia Evangelou, senior economist and director of forecasting at the National Association of REALTORS®, notes …

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1003 Richmond Road, Broomall, PA. 19008 – Delco /Delaware County Home.

1003 Richmond Road, Broomall, PA. 19008 $659,900 Est. Mortgage $4,556/mo*3 Beds3 Baths2960 Sq. Ft. Listing courtesy of Janeen Connell – Long & Foster Real Estate, Inc. Description about this home for sale at 1003 Richmond Road, Broomall, PA. 19008 Welcome to the remarkable 1003 Richmond Rd located in the Marple Summit , one of the …

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