Currently, relative to fixed rate mortgages, ARM pricing is excellent. Freddie Mac’s weekly Primary Mortgage Market Survey puts the 5-year ARM mortgage rate lower than the 30-year fixed rate mortgage rate by 1.02 percent.
Entries Tagged as 'Real Estate'
Comparing Mortgage Rates For Adjustable- And Fixed-Rate Mortgages
January 15th, 2011 · Comments Off on Comparing Mortgage Rates For Adjustable- And Fixed-Rate Mortgages
Tags: Adjustable Rate Mortgages · Mortgage Lending · Real Estate
Foreclosure Activity Falls For The Second Straight Month, Drops To 30-Month Low
January 14th, 2011 · Comments Off on Foreclosure Activity Falls For The Second Straight Month, Drops To 30-Month Low
According to foreclosure-tracking firm RealtyTrac, the number of foreclosure filings nationwide dropped for the second straight month in December. After falling 21 percent in November, filings were down by an additional 2 percent in December.
Tags: Economy · foreclosures · Real Estate
Housing And Mortgage Predictions For 2011
December 31st, 2010 · Comments Off on Housing And Mortgage Predictions For 2011
With 2010 coming to a close, the “experts” are out in full force, making predictions for next year’s housing and mortgage markets on business television and in the papers.
Tags: Local · New Jersey · Opinion · Pennsylvania · Real Estate · Wall Street
Housing Starts Rise In November, But With A High Margin Of Error
December 29th, 2010 · Comments Off on Housing Starts Rise In November, But With A High Margin Of Error
The number of single-family Housing Starts increased in November, adding 30,000 units as compared to October.
Tags: Housing starts · New Jersey · Pennsylvania · Real Estate
Foreclosure Activity Plunges (But With An Asterisk)
December 27th, 2010 · Comments Off on Foreclosure Activity Plunges (But With An Asterisk)
November marked the first time since February 2009 that the number of monthly foreclosures filings failed to surpass 300,000 units.
Tags: foreclosures · New Jersey · Pennsylvania · Real Estate
Rankings : America’s Best Places To Raise A Family (2010)
December 23rd, 2010 · Comments Off on Rankings : America’s Best Places To Raise A Family (2010)
BusinessWeek recently released its America’s Best Place to Raise a Family list. Chicago suburb Tinley Park, Illinois, topped the list.
Tags: Consumer Interest · Pennsylvania · Rankings · Real Estate
How To Install Motion-Detector Lighting On Your Home
December 22nd, 2010 · Comments Off on How To Install Motion-Detector Lighting On Your Home
Home security experts recommend motion-detector lighting to be installed on all 4 sides of a home. Here’s a step-by-step tutorial of how to get it done.
Tags: Consumer Interest · Home How To · Real Estate
Boost Your 2010 Tax Deductions By Making Your January Mortgage Payment A Little Bit Early
December 21st, 2010 · Comments Off on Boost Your 2010 Tax Deductions By Making Your January Mortgage Payment A Little Bit Early
Looking for an extra 2010 tax deduction? Consider making your January mortgage payment a few days early.
Tags: Economy · Real Estate · Tax Tips
Home Affordability Reaches Record-Levels… Last Quarter.
December 20th, 2010 · Comments Off on Home Affordability Reaches Record-Levels… Last Quarter.
it’s a fantastic time to be a Philadelphia home buyer where 66.3 percent of all new and existing homes sold in the third quarter were affordable
Tags: Economy · Home Values · New Jersey · Pennsylvania · Real Estate
Pending Home Sales Index Points To A Budding Seller’s Market
December 19th, 2010 · Comments Off on Pending Home Sales Index Points To A Budding Seller’s Market
The Pending Home Sales Index surged 10 percent in October as low mortgage rates and low home prices spurred buyers into action. The market looks different today, however.
Tags: Economy · New Jersey · Pending Home Sales · Pennsylvania · Real Estate