financing: Your market in a minute - 07/01/16 09:15 AM
Buyers and sellers are still wondering how Brexit is going to hit the US and the housing market.  I have heard several consumers asking questions about the fallout.  If you have a questions like....
 
How has the stock market responded to Brexit?
What is the forecast for the rates due to the volatility of the stock market?
Housing prices, have they risen or fallen and why?
Do we have enough properties on the market to meet the demand for supply?
And how can I make my car more like a boat?
 
Your market in a minute 
 
I hope you enjoy this video courteous of Shawn Kelly at RMS
 
Coal Infatino
Coldwell Banker
(717) 676-5545
(1 comments)

financing: Mortgage applications on the rise! - 05/26/16 02:47 AM
Mortgage applications increased last week driven by a significant uptick in applications for purchase mortgages. Refinance volume rose only fractionally.  Overall, applications for mortgages, as measured by the Mortgage Bankers Association's (MBA's) Market Composite Index increased 2.3 percent during the week ended May 20 on a seasonally adjusted basis and were up 2.0 percent unadjusted.  This increase of application really had no impact on the 30 year interest rate which moved up only .02%.
 
National Average Mortgage Rates  
 
Coal Infantino
Coldwell Banker
(717) 676-5545
(1 comments)

financing: Fed announces a hike to the interest rates - 05/20/16 09:26 AM
So the chatter in the financial world is all about the planned increase to interest rates!  We could see this planned bump as early as June!
Even though the FED has made this claim before, we have not really seen a true increase to the rates.
Could this time be different?
In the 1 minute video link below you will get an update on the volatility of the interest rate, a general economy review, and a brief housing update that includes the productivity of new construction.  
If your in real estate or thinking about buying or selling, then you need to take a minute and … (2 comments)

financing: Mortgages to be forgiven by Freddie and Fannie - 05/05/16 03:22 AM
Interesting news coming from Freddie Mac and Fannie Mae.
Fannie Mae and Freddie Mac could forgive mortgage principal for thousands of borrowers under a new plan to be rolled out by their regulator, the Federal Housing Finance Agency, as soon as Thursday, according to people familiar with the matter.  The plan is likely to draw ire from consumer advocates who will think it’s not enough to address the problem, as well as from some taxpayer advocates frustrated that the bailouts keep coming years after the housing crisis ebbed.  In all, about 4.3 million borrowers owed more than their homes were worth at … (1 comments)

financing: Weekly review of the mortgage industry - 05/03/16 11:01 AM
Weekly Review - for the week of April 25, 2016
The major stock market indexes struggled during the week while the bond market performed well from mid-week on. Corporate earnings and economic reports were mixed throughout the week and contributed to an increase in bond prices and lower yields as investors sought a safer refuge in lower risk assets.
In economic news, New Home Sales were reported softer than expected with a 1.5% decline in March from February to 511,000 annualized units while economists had been looking for a slightly higher reading of 521,000. This decline isn’t quite as bad as it seems … (0 comments)

 
Coal Infantino, Realtor specializing in south central PA (Coldwell Banker)

Coal Infantino

Realtor specializing in south central PA

York, PA

More about me…

Coldwell Banker

Address: 1499 S. Queen st, York, Pa, 17403

Mobile: (717) 676-5545

Office: (717) 854-9242

Email Me



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