Thinking of investing in other properties? The DSCR loan may be an option to easily qualify without all the paperwork hassle. Reach out to Century 21 All-Elite and lender Ken Jordan, NMLS 183317 of Princeton Mortgage to see if you fit that window! #DSCRloan
Tag: Real Estate
Mar 13
Having a hard time saving up for a downpayment on a home?
Having a hard time saving up for a downpayment on a home? The PHFA K-flex program can help give you the downpayment assistance you need to obtain a home. Century 21 All-Elite and lender Ken Jordan, NMLS 183317 of Princeton Mortgage can help you along the way with what makes the most sense for you. …
Mar 11
Broomall / Delco Home – 244 Warren Blvd, Broomall, PA. 19008
244 Warren Blvd, Broomall, PA. 19008 Listing courtesy of Debbie Disciascio – Long & Foster Real Estate, Inc. $379,900 Est. Mortgage $2,552/mo*3 Beds2 Baths1320 Sq. Ft. Description about this home for sale at 244 Warren Blvd, Broomall, PA. 19008 Great Opportunity for someone to own a property in desirable Broomall, located in a beautiful neighborhood! …
Mar 11
Surging Mortgage Rates Spook House Hunters
Borrowing costs have climbed to their highest level since 2008, sending shock waves through the housing market. Mortgage rates have climbed to their highest level since 2008, pinching home buyers’ budgets. The 30-year fixed-rate mortgage averaged 5.78% this week, way above its 2.93% average just one year ago, Freddie Mac reports. The Federal Reserve’s decision …
Mar 01
Mortgage Rates Rise Modestly
NAR economist says homebuying costs have increased $800 every month so far this year. Mortgage rates inched closer to 6% this week. The 30-year fixed-rate mortgage averaged 5.81%, up modestly from 5.78% last week, according to Freddie Mac. Borrowing costs are mounting higher and higher for potential home buyers, who now find themselves squeezed both …
Mar 01
Sea Isle City Vacation Home – 25 69th St. Sea Isle City, NJ. 08243
25 69th St. Sea Isle City, NJ. 08243 Listing courtesy of John Mccann – C. A. McCANN & SONS $1,799,000 Est. Mortgage $11,342/mo*5 Beds4 Baths2140 Sq. Ft. Description this home for sale at 25 69th St. Sea Isle City, NJ. 08243 Don’t miss this new BEACH BLOCK listing! The east unit of 25 69th Street …
Feb 29
Rapid Rise in Mortgage Rates Stalls
The interest rate on the 30-year fixed mortgage fell this week, offering relief to home buyers who are reeling from escalating costs. The quick rise in mortgage rates over the last few weeks is taking a pause. The 30-year fixed-rate mortgage averaged 5.7% this week, dropping from last week’s 5.81%, according to Freddie Mac. Still, …
Feb 29
Home Buying Is 5% Cheaper Than a Week Ago
Mortgage rates are dropping as concerns mount over a possible economic recession. Mortgage rates are falling—at least for now—after posting rapid jumps in June. Over the last two weeks, the 30-year fixed-rate mortgage has dropped by one-half of a percentage point. Home buying is about 5% more affordable than a week ago, translating to about …
Feb 29
Broomall PA. Home – 4 Dorset Drive, Broomall PA. 19008
4 Dorset Drive, Broomall PA. 19008 Listing courtesy of Chris Carr – HomeZu $599,000 Est. Mortgage $4,157/mo*4 Beds 2 Baths1520 Sq. Ft. Description about this home for sale at 4 Dorset Drive, Broomall PA. 19008 Nestled within the sought-after Lawrence Park neighborhood of Broomall, PA, this impeccably updated split-level home offers a harmonious blend of …
Feb 28
Fed Inflation Policy May Catapult Mortgage Rates
With inflation reaching a new high in June, the Federal Reserve will likely take more aggressive action. And that could influence even higher mortgage rates, says NAR Chief Economist Lawrence Yun. Inflation rose to a new 40-year high in June and is accelerating even faster than expected, according to data from the Bureau of Labor …