In late-November, the Federal Reserve pledged $600 billion to buy mortgage-backed securities. The announcement drove down mortgage rates and started the Refi Boom. Then, the Federal Reserve made a second series of statements after its scheduled meeting last Tuesday, causing mortgage rates to plunge again. This started the Refi Boom’s second wave. Because of the surge […]
Entries Tagged as 'Real Estate'
Good News for Re-fis May Slow Closing Time for Sales
December 30th, 2008 · Comments Off on Good News for Re-fis May Slow Closing Time for Sales
Tags: Economy · Mortgage Lending · Real Estate
Simple Real Estate definitions:Refinance
December 25th, 2008 · Comments Off on Simple Real Estate definitions:Refinance
A mortgage is a contract between a lender and borrower, defining the terms by which a home loan must be repaid. The paperwork, signed by both parties, includes provisions for things like: The interest rate The length of the loan The amount of money to be borrowed But, like all loans, a mortgage loan can […]
Tags: Real Estate
HGTV Automates Your Paint Swatch!
December 12th, 2008 · Comments Off on HGTV Automates Your Paint Swatch!
When choosing a room’s paint colors, Interior Designers follow the 60-30-10 Rule. The 60-30-10 Rule says that color usage in a space should be based on percentages: 60% of the room should be a dominant color 30% of the room should be a secondary color 10% of the room should be an accent color It’s a […]
Tags: Consumer Interest · Real Estate
Maple Glen Toy and Food Collection
December 11th, 2008 · Comments Off on Maple Glen Toy and Food Collection
Photo curtesy of Creativecommons.org CENTURY 21 Advantage Gold Maple Glen Office will run toy and food drive Saturday, December 20, 2008 12-4pm. Toys collected from the drive will benefit the local Toys for Tots program; all donations must be new and unwrapped. All food collected will benefit a local charity. Bring your camera […]
Tags: Consumer Interest · Just For Fun · Local · Pennsylvania · Real Estate
Falling Gas Prices Help Houses Sell!
December 10th, 2008 · Comments Off on Falling Gas Prices Help Houses Sell!
For the 78 consecutive days, gas prices fell nationwide through December 3rd. At $1.81 per gallon, the average price at the pump is less than half what it was at its peak in July. And although gas prices vary by locale, the cost of a fill-up is worthy of national news. The main reason why […]
Tags: Economy · Real Estate
Unemployment & Housing Affordability Both Increase
December 9th, 2008 · Comments Off on Unemployment & Housing Affordability Both Increase
According to the government, American businesses are cutting staff at an accelerated pace, most recently paring 533,000 jobs this past November. It’s the largest one-month decline since December 1974 and raises the year-to-date job losses to 1.9 million workers. However, there is a silver lining in the data for all Americans — both employed and […]
Tags: Economy · Federal Reserve · Real Estate
Heater on? Check for Carbon Monoxide!
December 8th, 2008 · Comments Off on Heater on? Check for Carbon Monoxide!
As the weather turns cooler and home heating systems get fired, it’s important to safeguard your home from carbon monoxide gas. Often called the “slient killer”, the odorless and colorless gas accidentally poisons about 170 Americans each year. The video above from CBS News tells the story of 2 such deaths. Throughout the 5-minute piece […]
Tags: Consumer Interest · Real Estate
Don’t Lose You Home to Foreclosure!
November 26th, 2008 · 1 Comment
The Sky is Falling! Yesterday, I received a call from a Seller who has been trying to sell his home with another real estate firm for the past 250 days. His listing contract with the other firm had expired and he received a post card from my office announcing that we sold a home on […]
Tags: Consumer Interest · Economy · Local · Real Estate
Deflation and its Impact on the Economy
November 25th, 2008 · Comments Off on Deflation and its Impact on the Economy
Business television and newspapers have made deflation a hot topic this week and, since Monday, Google has tracked 13,000 mentions of it. Deflation is a recurring cycle in which the prices of goods and services fall. Isolated to one industry or sector, falling prices is the natural result of competition. For example, when DVD players were […]
Tags: Economy · Real Estate
Toys for Tots Collection
November 24th, 2008 · Comments Off on Toys for Tots Collection
Photo courtesy of creativecommons.org CENTURY 21 Advantage Gold is excited to once again participate in the U.S. Marines Toys For Tots program. If you would like to donate to this wonderful cause please make sure all toys are new and unwrapped. We are collecting toys 9AM-5PM, until December 15, 2008 at the following locations: Bensalem […]
Tags: Consumer Interest · Just For Fun · Local · New Jersey · Pennsylvania · Real Estate