Philadelphia

Loan Application Alert : Conforming, Interest Only Mortgages Guidelines Change Next Week

If you plan to finance your home with a conforming interest only mortgage, get your loan application submitted no later than this Friday, June 18. Starting next week, Fannie Mae is clamping down on the popular loan product.

By |2017-08-10T02:40:55-04:00June 20th, 2010|Mortgage Guidelines, Mortgage Lending, New Jersey, Pennsylvania, Real Estate|Comments Off on Loan Application Alert : Conforming, Interest Only Mortgages Guidelines Change Next Week

Foreclosure Activity Slows For The First Time In Several Years

According to foreclosure-tracking firm RealtyTrac.com, the number of foreclosure notices dropped 2 percent between April 2009 and April 2010. 2 percent may not seem like much, but it's the first time in the history of the RealtyTrac report that the annual foreclosure rate has dropped.

By |2017-08-10T02:41:26-04:00May 18th, 2010|foreclosures, New Jersey, Pennsylvania|Comments Off on Foreclosure Activity Slows For The First Time In Several Years

Case-Shiller Shows Home Price Improvement In A Majority Of Cities Nationwide

Standard & Poors released its Case-Shiller Index Wednesday. The report shows that, on a seasonally-adjusted basis, between December and January, home prices rose in more than half of the index's tracked markets. The strength of this month's Case-Shiller report, however, should be put in context.

By |2017-08-10T02:42:02-04:00April 5th, 2010|Case-Shiller Index, Local, New Jersey, Pending Home Sales, Pennsylvania|Comments Off on Case-Shiller Shows Home Price Improvement In A Majority Of Cities Nationwide
Go to Top