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Galloway Township, NJ

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Mortgage Rate Update

10-22-09
Karl Peidl - Accredited Loan Consultant
Karl Peidl - Accredited Loan Consultant: Loan Officer in Moorestown, NJ
  • view my blog
  • Office: (856) 252-1200 x1224
  • Mobile: (609) 254-6687


Mortgage Rate Update

Interest Rates Change Daily

Interest rates change constantly, but it is important to know that rates are cyclical. If rates are currently at historical lows then we know there is a strong probability rates will go up again, and vice versa. Certain economic indicators such as unemployment data, consumer price index, retail sales data, and consumer confidence all have an effect on mortgage interest rates. But the key factor to watch is the relationship between stocks and bonds.

When the economy is slow and the stock market is "bearish," many investors move money out of stocks and into bonds and mortgage-backed securities. This causes mortgage interest rates to go down. When the economy is doing well, the stock market rallies and is considered "bullish." Investors then have a tendency to move their money out of that safe haven of bonds and mortgage-backed securities and back into stocks. As a result, mortgage interest rates go up.

My team and I keep a close eye on mortgage interest rates at all times in an effort to alert our clientele of opportunities to obtain lower financing. Call us for a free evaluation of your current loan program.

Mortgage Interest Rates for Fixed Rate Mortgages*

Rates as of Thursday, 22nd October, 2009:

Term

Conforming

APR

Payment per
$1,000

Jumbo

APR

Payment per
$1,000

30-Yr. fixed

360

5.125%

5.257%

$5.44

5.250%

5.339%

$5.52

15-Yr. fixed

180

4.500%

4.723%

$7.65

4.750%

4.900%

$7.78

7-Yr. fixed ARM

360

4.125%

4.250%

$4.85

5.500%

5.590%

$5.68

5-Yr. fixed ARM

360

4.000%

4.124%

$4.77

5.375%

5.465%

$5.60

3-Yr. fixed ARM

360

4.625%

4.753%

$5.14

5.375%

5.465%

$5.60

5-Yr. Interest Only

360

4.000%

4.124%

$3.33

5.875%

5.967%

$4.90

FHA 30-year fixed

360

5.000%

5.131%

$5.37

5.250%

5.339%

$5.52

*Rates are subject to change due to market fluctuations and borrower's eligibility.

Karl Peidl
Lincoln Mortgage Company
251 Bellevue Avenue, Suite 102
Hammonton, NJ 08037

609-878-7013

kpeidl@linc-mort.com

www.karlpeidl.com

Pennsylvania: Licensed by the PA Department of Banking as a First Mortgage Banker and licensed pursuant to the PA Secondary Mortgage Loan Act. New Jersey: Licensed by the N. J. Department of Banking and Insurance Maryland: Authorized Mortgage Lender by the State of Maryland Commissioner of Financial Regulation. Florida: Licensed Mortgage Lender by the Florida Office of Financial Regulation. Delaware: Licensed Lender by the Delaware Office of the State Bank Commissioner.






© Copyright 2009. All About News, Inc.

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Wildflowers for Earth Day at Galloway Township Middle School

04-22-09
Antoinette Murphy, GRI
Antoinette Murphy, GRI: Real Estate Agent in Absecon, NJ
  • view my blog
  • Office: (609) 641-8600 x32
  • Mobile: (609) 412-5703
  • Secondary: (609) 412-0605

Today is EARTH DAY! And, the Student Council of the Galloway Township Middle School will be creating a wildflower garden in a courtyard on the school grounds. My daughter, Tina, who is the President of the Student Council asked me to go shopping for wildflower seeds. Of course I had all day to take care of this, but I had a busy day at work as a RE/MAX agent. Tina reminded me at 6:30 that I needed to pick up the seeds. After an hour and a half of searching and shopping, I tracked down the perfect wild flower seeds at my local Shoprite! Of course, I started out at the local garden center, who was totally out, but I did pick up patch seed for my lawn. Then I tried the hardware store. Everyone knows that you can always find a display of seeds at your local hardware store. Nope! Just the little packets of marigolds, morning glories, etc.

Okay, let's try Plan C: Let's check out the supermarket...never know! I drove across the street to the Shop Rite before I drive down to The Home Depot, who I called so that I would save a trip if I can find out on the phone whether they had any wildflower seeds in stock before driving there. I asked for the Garden Center and was put on hold. Well...I think they forgot me because I was on hold for at least 1/2 an hour ON MY CELL PHONE...hello! minutes ticking!! In the meantime, with help from an employee and friend, Diane, we found the perfect selection.

Thanks to the Student Council there will be beautiful flowers to admire.

www.BuyOrSellNJ.com

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Maybe there is hope for New Jersey Real Estate

01-06-09
Antoinette Murphy, GRI
Antoinette Murphy, GRI: Real Estate Agent in Absecon, NJ
  • view my blog
  • Office: (609) 641-8600 x32
  • Mobile: (609) 412-5703
  • Secondary: (609) 412-0605

Governor Jon S. Corzine, NJ created the new Real Estate Advisory Board to help revitalize the economy in New Jersey. Hopefully this will be stimulating to the New Jersey real estate industry which has much to do with the state of the State.

The new assignee is Jarrod Grasso, the New Jersey Association of REALTORS® (NJAR®) Executive Vice President. With a great title as this, I have confidence that he will help the people of the State of New Jersey.

To read more about the newly created NJ Real Estate Advisory Board and the newly appointed member, visit:

http://www.nj.gov/governor/news/news/2008/approved/20081222c.html

Antoinette "Toni" Murphy, GRI Direct: 609-412-5703

www.BuyorSellNJ.com

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Devonshire Village | Four Seasons | Galloway | Homes for Sale

01-06-09
Antoinette Murphy, GRI
Antoinette Murphy, GRI: Real Estate Agent in Absecon, NJ
  • view my blog
  • Office: (609) 641-8600 x32
  • Mobile: (609) 412-5703
  • Secondary: (609) 412-0605

Devonshire Village | Four Seasons | Galloway | Homes for Sale

149 St. Georges Drive
Galloway, NJ 08205

Price: $319,000
Main Features:
Single Family Home,2 Bedrooms,2 Bathrooms,Lot: 0.18 acre(s)

More Info: http://www.buyorsellnj.com/332665


Description:
Pristine Larch Model at Four Seasons adult community offers elegante living with impressive features like h/w floors, 9ft ceilings, crown molding, high hats, Corian counters, molded double sink, 42" cabinets. Inviting all season sun room and double size patio with gas line for the grill for indoor/outdoor living. Quality extras like keyless entry, surround sound, security system, high efficiency heating package with humidifier, even an insulated garage with shelving. Live the "good life"!

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Want to Sell Your Home This Winter?

01-05-09
Antoinette Murphy, GRI
Antoinette Murphy, GRI: Real Estate Agent in Absecon, NJ
  • view my blog
  • Office: (609) 641-8600 x32
  • Mobile: (609) 412-5703
  • Secondary: (609) 412-0605

Selling your home this winter

Selling your home during the winter months can be a bit more challenging. If you want to get your house sold, consider these tips:

Make sure you put away all of your holiday decorations by the end of January. Make sure your home is de-cluttered.

  • Clean out your gutters as you remove your outdoor holiday lights.
  • Put higher watt bulbs in your indoor lamps. This gives your home a more homey, warm feeling. It's always nice to drive up to a home that looks warm and inviting.
  • Keep your walkway clear of snow and debris that can accumulate during cold windy months.

These are just a few tips for you while your home is on the market this winter. Remember, the most serious buyers are out looking for a home during the cold months of the year. Don't miss out on these buyers.

If you are interested in a free comparable market analysis of your home, or want to list your property for sale, don't delay, call me right away. I know all the tips and tricks to get the highest price for your home in the shortest amount of time on the market.

Antoinette Murphy, GRI Call me directly at 609-412-5703 www.BuyorSellNJ.com

RE/MAX Atlantic

http://www.trulia.com/blog/antoinette/2009/01/want_to_sell_your_home_t

https://accounts.craigslist.org/post/shwpst?pii=982074964&db=lv

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