Acre Mortgage and Financial, Inc.

NMLS# 13988

400 Sheppard Rd.

Voorhees, NJ 08043

(866) 416-7156

©2017 BY ACRE MORTGAGE

May 30, 2018

A new trend has begun to emerge. With home prices skyrocketing in the starter home category, many first-time homebuyers are skipping the traditional starter homes and moving right into their dream homes.

What’s a Starter Home?

According to the National Association of Rea...

May 29, 2018

Here are five reasons listing your home for sale this summer makes sense.

1. Demand Is Strong

The latest Buyer Traffic Report from the National Association of Realtors (NAR) shows that buyer demand remains very strong throughout the vast majority of the country. These bu...

May 25, 2018

Some Highlights:

  • Existing Home Sales are now at an annual pace of 5.46 million.

  • Inventory of existing homes for sale dropped to a 4-month supply, marking the 35thmonth in a row of declines.

  • The median price of homes sold in April was $257,900. This is the...

May 24, 2018

In this extremely hot real estate market, some homeowners might consider selling their homes on their own which is known as a For Sale by Owner (FSBO). They rationalize that they don’t need a real estate agent and believe that they can save the fee for the services a r...

May 24, 2018

Interest rates for a 30-year fixed rate mortgage have climbed from 3.95% in the first week of January up to 4.61% last week, which marks a 7-year high according to Freddie Mac. The current pace of acceleration has been fueled by many factors.

Sam Khater, Fredd...

May 22, 2018

According to Freddie Mac’s latest Primary Mortgage Market Survey, interest rates for a 30-year fixed rate mortgage are currently at 4.61%, which is still near record lows in comparison to recent history!

The interest rate you secure when buying a home not only...

May 21, 2018

Recently released data from the National Association of Realtors (NAR) suggests that now is a great time to sell your home. The concept of ‘supply & demand’ reveals that the best price for an item is realized when the supply of that item is low and the demand for that...

May 19, 2018

Every year, Gallup surveys Americans to determine their choice for the best long-term investment. Respondents are given a choice between real estate, stocks/mutual funds, gold, savings accounts/CDs, or bonds.

For the fifth year in a row, real estate has come o...

May 18, 2018

Some Highlights:

  • According to the US Census Bureau, ‘millennials’ are defined as 18-36-year-olds.

  • According to NAR’s latest Profile of Home Buyers & Sellers, the median age of all first-time home buyers is 32.

  • More and more ‘old millennials’ (25-...

May 17, 2018

Mortgage interest rates have risen by more than half of a point since the beginning of the year, and many assume that if mortgage rates rise, home values will fall. History, however, has shown this not to be true.

Where are home values today compared to the beginning of...

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