{"id":13767,"date":"2018-07-17T11:39:13","date_gmt":"2018-07-17T11:39:13","guid":{"rendered":"http:\/\/www.anthonydidonato.net\/wordpress\/?p=13767"},"modified":"2018-07-17T11:39:14","modified_gmt":"2018-07-17T11:39:14","slug":"buyers-are-paying-for-a-mortgage","status":"publish","type":"post","link":"https:\/\/www.anthonydidonato.net\/wordpress\/buyers-are-paying-for-a-mortgage\/","title":{"rendered":"Buyers Are Paying for a Mortgage"},"content":{"rendered":"<h2>Buyers Are Paying for a Mortgage<\/h2>\n<div id=\"attachment_13768\" style=\"width: 573px\" class=\"wp-caption alignnone\"><a href=\"http:\/\/www.anthonydidonato.net\/wordpress\/2018\/07\/17\/buyers-are-paying-for-a-mortgage\/attachment\/07172018\/\" rel=\"attachment wp-att-13768\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-13768\" class=\"size-full wp-image-13768\" src=\"http:\/\/www.anthonydidonato.net\/wordpress\/wp-content\/uploads\/2018\/07\/07172018.jpg\" alt=\"Buyers Are Paying for a Mortgage\" width=\"573\" height=\"300\" \/><\/a><p id=\"caption-attachment-13768\" class=\"wp-caption-text\">Buyers Are Paying for a Mortgage<\/p><\/div>\n<div class=\"pane-node-body pane pane--nodebody\">\n<div class=\"pane__content\">\n<div class=\"field field--body\">\n<div class=\"field-items\">\n<div class=\"field-item even\">\n<p>Higher mortgage rates and rising home prices are making housing more expensive for homeowners this year compared to last year. In San Jose, Calif., for example, the average homeowner is paying $500 more for monthly mortgage payments than a year ago, jumping from $4,100 to $4,600, according to a new analysis by Bloomberg.<\/p>\n<p>In nearly one-third of metro areas, buyers paid an average $50 hike in monthly mortgage payments in the first quarter of the year. The cities seeing the fastest increases in mortgage payments, according to the Bloomberg study, are:<\/p>\n<ul>\n<li>San Francisco<\/li>\n<li>Seattle<\/li>\n<li>Portland, Ore.<\/li>\n<li>Jacksonville, Fla.<\/li>\n<li>Bridgeport-Stamford-Norwalk, Conn.<\/li>\n<\/ul>\n<p>Renters are facing steep hikes in costs, too. Researchers found that more than 10 percent of all metro areas analyzed saw rents rising faster than inflation. Eight of the top 20 priciest markets are in California, with San Jose, San Francisco, and Los Angeles making the top three.<\/p>\n<p>\u201cBy many metrics, the U.S. housing market in 2018 is on sound footing,\u201d says Chris Herbert, managing director of the Harvard Joint Center for Housing Studies. But \u201cin many respects, the situation has worsened for both the lowest-income Americans and those higher up the income ladder.\u201d<\/p>\n<p>In the first three months of 2018, home and rental prices in more than one-fifth of metro areas took more than 30 percent of a household\u2019s income. In nine metro areas, aggregate housing costs comprised 50 percent of income (eight of which were located in California).<\/p>\n<div class=\"pane-node-field-news-source pane pane--nodefield-news-source\">\n<div class=\"pane__content\">\n<div class=\"field clearfix field--news-source\">\n<div class=\"field-label\">Source:<\/div>\n<div class=\"field-items\">\n<div class=\"field-item even\">\u201c<a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2018-07-12\/americans-burdened-by-increasing-housing-costs-slow-wage-gains\" target=\"_blank\" rel=\"noopener\">Americans Burdened by Increasing Housing Costs, Slow Wage Gains<\/a>,\u201d Bloomberg (July 12, 2018)<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Buyers Are Paying for a Mortgage Higher mortgage rates and rising home prices are making housing more expensive for homeowners this year compared to last year. In San Jose, Calif., for example, the average homeowner is paying $500 more for monthly mortgage payments than a year ago, jumping from $4,100 to $4,600, according to a &hellip; <\/p>\n<p><a class=\"more-link btn\" href=\"https:\/\/www.anthonydidonato.net\/wordpress\/buyers-are-paying-for-a-mortgage\/\">Continue reading<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16,8],"tags":[5,32,4,9],"class_list":["post-13767","post","type-post","status-publish","format-standard","hentry","category-news","category-real-estate-tips","tag-anthony-didonato","tag-news","tag-real-estate","tag-tips","item-wrap"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Buyers Are Paying for a Mortgage - Real Estate Agent and Sales in PA - Anthony DiDonato Broomall, Media, Delaware County and surrounding areas in Pennsylvania<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"http:\/\/www.anthonydidonato.net\/wordpress\/buyers-are-paying-for-a-mortgage\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/buyers-are-paying-for-a-mortgage\\\/#article\",\"isPartOf\":{\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/buyers-are-paying-for-a-mortgage\\\/\"},\"author\":{\"name\":\"admin\",\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/#\\\/schema\\\/person\\\/964792b6994e8cc4cbddc36ad4824908\"},\"headline\":\"Buyers Are Paying for a Mortgage\",\"datePublished\":\"2018-07-17T11:39:13+00:00\",\"dateModified\":\"2018-07-17T11:39:14+00:00\",\"mainEntityOfPage\":{\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/buyers-are-paying-for-a-mortgage\\\/\"},\"wordCount\":269,\"publisher\":{\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/#\\\/schema\\\/person\\\/964792b6994e8cc4cbddc36ad4824908\"},\"image\":{\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/buyers-are-paying-for-a-mortgage\\\/#primaryimage\"},\"thumbnailUrl\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/wp-content\\\/uploads\\\/2018\\\/07\\\/07172018.jpg\",\"keywords\":[\"Anthony DiDonato\",\"News\",\"Real Estate\",\"tips\"],\"articleSection\":[\"News\",\"Real Estate Tips\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/buyers-are-paying-for-a-mortgage\\\/\",\"url\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/buyers-are-paying-for-a-mortgage\\\/\",\"name\":\"Buyers Are Paying for a Mortgage - 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Skilled, smart and enthusiastic about his work and his life, Anthony DiDonato has the appealing combination of business sense and people skills gives him an edge in an industry that demands both. Educated at Drexel University with a dual major in accounting and finance and minors in management and psychology Anthony DiDonato offers over 25 years of experience in the real estate industry. He has been a real estate investor since 1985 and a member of H.A.P.C.O. (Landlord Association). He became a licensed Realtor in 1992 and a member of the Local, Pennsylvania and National Associations of Realtors. Anthony DiDonato is also a member of the Computerized Multiple Listings, (MLS) and Internet Marketing Programs. In 1997 Anthony DiDonato became Century 21 All-Elite, Inc. Corporate Secretary. Anthony DiDonato believes in taking his profession to the highest level of quality service. 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Skilled, smart and enthusiastic about his work and his life, Anthony DiDonato has the appealing combination of business sense and people skills gives him an edge in an industry that demands both. Educated at Drexel University with a dual major in accounting and finance and minors in management and psychology Anthony DiDonato offers over 25 years of experience in the real estate industry. He has been a real estate investor since 1985 and a member of H.A.P.C.O. (Landlord Association). He became a licensed Realtor in 1992 and a member of the Local, Pennsylvania and National Associations of Realtors. Anthony DiDonato is also a member of the Computerized Multiple Listings, (MLS) and Internet Marketing Programs. In 1997 Anthony DiDonato became Century 21 All-Elite, Inc. Corporate Secretary. Anthony DiDonato believes in taking his profession to the highest level of quality service. 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