Weekly Average Mortgage Interest Rates – August 30th

Weekly Average Mortgage Interest Rates The Fed is monitoring the housing market closely after the run up in mortgage rates over the past few months. The 13.4 percent drop in new home sales in July led financial markets to speculate whether the Fed might delay reducing its bond purchases and allowed long-term bond yields and…Read More »

Your Delaware Housing Options Increase After 55

Delaware 55+ communities

Are you finding that your home no longer suits your needs or lifestyle? It could be your family size has changed or you are retiring and looking for your home on the Delaware shore. If you are in the “55 plus” age bracket and in the market for a new home, either looking to downsize…Read More »

Thought About Who Lives Next Door to Your Home Lately?

meet your neighbor next door

If you are considering buying a new home, your first thoughts might head toward who is living next door. We live in a time with such busy lifestyles it can take awhile to meet and greet the people next door. However, it’s a good idea to make the time introduce yourself and make some friends.…Read More »

Are You Considering Refinancing Your Home this Fall?

Mortgage interest rates delaware

If you are considering refinancing your home while rates are still low, you’re not alone. According to the Freddie Mac’s Second Quarter Refinance Report, many homeowners throughout the United States lowered their payments, shortened the length of their loans, and utilized fixed mortgage rates in the second quarter of 2013. This, of course, was a…Read More »

Primary Mortgage Interest Rate Update – August 16, 2013

Primary_Mortgage_Market_Interest_Rates

The Primary Mortgage Market Survey(R) (*PMMS®), showing average fixed mortgage rates largely unchanged from the previous week after bouncing around over the past few weeks on market speculation that the Federal Reserve could cut back bond purchases in its upcoming September meeting. See the chart below for the current market trends. Frank Nothaft, vice president…Read More »

A 40 Year Look Back at the Typical Mortgage Payment

Mortgages_over_the_past_decades

Every day we are faced with the volatility of mortgage interest rates and their potential effect on home sales. There is no real consensus on what next months activity will be or the month after that. The one opinion that seemingly will be absolute it that we will not likely see the historically low rates…Read More »

Easy Home Updates without a Big Budget

tile_backsplash rehoboth beach real estate

As much as you love your new home, over time, it may have gotten a little worn in areas. Maybe you’ve just noticed changes in styles and trends or watched your neighbor fix up their house. Either way, at some point everyone feels the need to make changes, and your home is a great place…Read More »

Where Are Home Values Really Headed – Rehoboth Beach Real Estate

Most of our real estate conversations center around where housing prices may be headed. People in areas of the country with rapidly rising prices believe there is  a new ‘housing bubble’. Others think that the sudden rise in interest rates will affect purchasing power to such a degree that it will force prices downward. There…Read More »

Should You Sell or Update Your Home in Delaware?

home sellers updates

Are you thinking about selling your home in Delaware? In the July 2013 National Housing Survey conducted by Fannie Mae, 74% of those surveyed feel that now is a good time to buy a house while 40% believe that now is a good time to sell. If you don’t fall in either of those categories,…Read More »

New Reports on the Importance of the Mortgage Interest Deduction

mortgage interest tax-deductions delaware

You may have noticed a lot of talk about mortgage rates and tax credits and cuts in the news lately.  When there is a lot of talk it can be hard to understand how it all applies to you. A recent economic analysis by the National Association of Home Builders (NAHB) on the mortgage interest…Read More »

Rehoboth Beach Real Estate and Homes for Sale

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