Tuesday, February 13, 2024 / by Teresa DiPeso
Are you feeling a bit unsure about what’s really happening with mortgage rates? That might be because you’ve heard someone say they’re coming down. But then you read somewhere else that they’re up again. And that may leave you scratching your head and wondering what’s true.
The simplest answer is: that what you read or hear will vary based on the time frame they’re looking at. Here’s some information that can help clear up the confusion.
Mortgage Rates Are Volatile by Nature
Mortgage rates don’t move in a straight line. There are too many factors at play for that to happen. Instead, rates bounce around because they’re impacted by things like economic conditions, decisions from the Federal Reserve, and so much more. That means they might be up one day and down the next depending on what’s going on in the economy and the world as a whole.
Take a look at the graph below. It uses data from&nb ...
Monday, February 5, 2024 / by Teresa DiPeso
The Avalon Department of Recreation in conjunction with the Avalon Free Public Library will be presenting the concert series that begins June 20th. Surfside Park is located off the boardwalk between 29th and 30th Streets in Avalon featuring free parking lots, a Kids' Playground, plus a Stage for Shows and Events.
(Search All Avalon & Stone Harbor Listings Here!)
Check out the lineup for Thursdays At Surfside 2024 Avalon Summer Concert Series:
Saturday, January 27, 2024 / by Teresa DiPeso
(January 2024's data will be released at the end of February) ...
Friday, January 26, 2024 / by Teresa DiPeso
The Delaware River and Bay Authority (DRBA) Commissioners have approved the agency's 2024 Capital Improvement. Program (CIP) and unveiled a comprehensive Five-Year Strategic Plan aimed at enhancing airports and crossing facilities across the region. In the plan include major improvements to the Cape May-Lewes Ferry.
One of the key components of the 2024 CIP is the Annual Vessel Maintenance & Dry Docking project for the Cape May Lewes Ferry. The planned projects include shipyard dry dockings, the acquisition of life-saving equipment, seating replacements, system efficiency upgrades, generator overhauls, and various other improvements. The estimated cost for this project in 2024 is $3,305,000, with a long-term budget of $43,913,000.
Another significant undertaking within the 2024 CIP is the New Vessel Design & Construction project for the Cape May Lewes Ferry fleet. This project encompasses the entire process of designing and constructing new v ...
Monday, January 22, 2024 / by Teresa DiPeso
With the arrival of a new year, the desire to break free from bad habits surfaces—hence the popularity of initiatives like "dry January." However, our vices extend beyond indulging in too much bubbly.
If you've made the decision to sell your home this year, it's crucial to ensure you're in the right mindset to make it happen. Selling a home, even in favorable market conditions, can be a complex and stressful process where sellers might inadvertently resort to misguided tactics that could jeopardize the deal.
Here are six old habits to jettison if you want to get the most for your home in 2024:
Outdated habit No. 1: Attempting to sell your house independently Believing that the home-selling process is already complex, some may resist involving a real estate professional, thinking it would only add to the challenges. However, this misconception needs to be discarded swiftly. Homes for sale by owner rarely sell for the same price it would if listed with an experienced. ...