COVID-19 and its side effects have kept rural Pa. real estate agents busyThe last time Tina Richlin’s phone rang this much was just after the terrorist attacks of 9/11, when some city residents thought they’d be safer in the mountains. Today, the COVID-19 pandemic has the lines at Richlin’s real estate office in rural Sullivan County ringing nonstop again with people seeking to rent short-term, buy second homes, or relocate altogether to somewhere with a smaller population.
What The Fed’s Interest Rate Cut Means For YouThe Federal Reserve cut its short-term benchmark rate by a half percentage point Tuesday morning. The timing of this rate cut, which comes in between the Fed’s scheduled policy meeting, hasn’t occurred since the 2008 financial crisis. This lowers the federal-funds rate to a range between 1% and 1.25%.
Mortgage Calculator – Bankrate.comA house is the largest purchase most of us will ever make so it’s important to calculate what your payment will be and how much you can afford. The mortgage calculator will show you how much your monthly payment will be. It can also show the effect of adding extra payments.
Fannie Mae REO Homes For Sale – HomePath.comAfter March 5, 2013, all counter offers must be submitted on the Online Offers system on the HomePath.com site. This applies to both counter offers submitted by Fannie Mae listing agents and counters submitted on behalf of the buyer by buyer’s agents.
Mortgage Rates Hit Three-Month LowAverage mortgage rates fell to the lowest level since mid-November last week as unease over economic growth in the U.S. and market turmoil abroad prompted investors to load up on government bonds, pushing down long-term interest rates. The average rate on a 30-year fixed-rate mortgage was 4.47% last week, down from 4.52% the week before, the Mortgage Bankers Association said Wednesday.
Fighting the Blight in Northumberland CountySHAMOKIN – Several communities in Northumberland County are cracking down on blight thanks in part to $500,000 in state grant money. Take a walk down Bear Valley Avenue in Shamokin and you’ll see several rundown buildings. It’s something that upsets Louise Gotaskie and other neighbors. “I take pride in my house.