The percentage of homes with mortgages that have late payments or are in foreclosure has dropped to the lowest seen on record in more than two decades, according to CoreLogic’s data dating back to 1999. The nation’s overall delinquency dropped to 3.4% at the end of 2021, with the majority of states posting a year-over-year …
Tag: Real Estate
May 21
33 Rittenhouse Road, Broomall, PA. 19008 – Delaware County / Delco Home.
33 Rittenhouse Road, Broomall, PA. 19008 $525,000 Est. Mortgage $3,593/mo*4 Beds2 Baths2024 Sq. Ft. Listing courtesy of Bob Kline – BHHS Fox & Roach Wayne-Devon Description about this home for sale at 33 Rittenhouse Road, Broomall, PA. 19008 Stone/Brick 4 Br colonial with family room addition and 1st floor den. Modern Kitchen leads into large …
May 20
304 South New Ardmore Ave, Broomall, PA. 19008 – Delco / Delaware County Home.
304 South New Ardmore Ave, Broomall, PA. 19008 $549,000 Est. Mortgage $3,751/mo*3 Beds3 Baths1717 Sq. Ft. Listing courtesy of Brent Celek – Brent Celek Real Estate, LLC Description about this home for sale at 304 South New Ardmore Ave, Broomall, PA. 19008 Welcome to your dream home in the heart of Broomall, PA! This stunning …
May 20
Millennials Fear More Debt
Debt is a significant concern for millennials, and their worries may be so great that they are reluctant to buy a home. Nearly half of the millennials surveyed in January by Rocket Mortgage said they had delayed their decision to purchase a home due to fear of falling into debt. They also reported wanting to save more money for …
May 17
Housing Wealth Skewed to Rich Homeowners
Homeowners across the board are feeling richer from rising home prices, but the wealthiest have enjoyed the largest gain, according to a report from the National Association of REALTORS®. From 2010 to 2020, about 71% of the increase in housing wealth was in high-income households. Low- and middle-income households received a smaller share of housing wealth gains, …
May 17
17 Broomall Ave, Broomall, PA. 19008 – Delco / Delaware County Home.
17 Broomall Ave, Broomall, PA. 19008 $625,000 Est. Mortgage $4,213/mo*4 Beds4 Baths Listing courtesy of John Jam – KW Greater West Chester. Description about this home for sale at 17 Broomall Ave, Broomall, PA. 19008 Welcome to your new home at 17 Broomall Ave, Broomall, PA 19008! This exquisite 2-story colonial, nestled in the sought-after …
May 16
121 78th Street, Sea Isle City, NJ. 08243 – Jersey Shore Vacation Home.
121 78th Street, Sea Isle City, NJ. 08243 $1,775,000 Est. Mortgage $10,789/mo*5 Beds3 Baths Listing courtesy of Stephan Frame – DILLER FISHER REALTORS Description about this home for sale at 121 78th Street, Sea Isle City, NJ. 08243 OPEN HOUSE, SAT 5/11 *1PM TO 3PM* Don’t miss out on this 5 bedroom 3 bath unit …
May 16
Mortgage Rates Rise This Week
Following two weeks of declines, mortgage rates edged up, and economists say that consumers should expect further increases over the coming weeks. The Federal Reserve will likely raise its short-term interest rates at its meeting next week. While the Fed’s benchmark rates do not have a direct effect on mortgage rates, they do often influence …
May 15
CFPB Urges Lenders to Help Homeowners Avoid Foreclosure
As many borrowers continue to emerge from forbearance due to pandemic-related aid, a government watchdog is encouraging lenders to help them avoid a potential foreclosure wave. The Consumer Financial Protection Bureau says that as of March 1, more than 768,000 mortgage borrowers remain in active forbearance. Many of these consumers are at risk of foreclosure …
May 15
8401 East Landis Ave., Sea Isle City, NJ. 08243 – Jersey Shore Vacation Home
8401 East Landis Ave., Sea Isle City, NJ. 08243 $1,300,000 Est. Mortgage $7,949/mo*4 Beds2 Baths Listing courtesy of Katherina Griko – KELLER WILLIAMS REALTY ATLANTIC SHORE-Northfield Description about this home for sale at 8401 East Landis Ave., Sea Isle City, NJ. 08243 Indulge in the the tranquility of coastal living to one of the Finest …
May 14
43 Ann Road, Broomall, PA. 19008 – Delco Home
43 Ann Road, Broomall, PA. 19008 $344,900 Est. Mortgage $2,400/mo*2 Beds1 Bath1220 Sq. Ft. Listing courtesy of Sang-mook Ha – Hanco Real Estate LLC Description about this home for sale at 43 Ann Road, Broomall, PA. 19008 2 Bedroom 1 Bath ranch with an added space with a closet for family room or dining room …
May 14
What Fed’s Rate Hike Means for Mortgage Borrowers
Consumers can expect higher borrowing costs across the board after the Federal Reserve announced it would raise its short-term benchmark rate for the first time in three years, financial analysts say. The Fed increased its target federal funds rate by a quarter of a percentage point Wednesday after it had been near zero. The central …
