Tag: mortgages
First-time homebuyers in Philly area need to make more money to buy a starter home
Home prices and mortgage rates continue to make affording a home a real challenge.
13 hours ago
Listen 1:07Pa. mortgage program, closed for over a year to resolve backlog, will reopen in March, officials say
A Spotlight PA analysis reveals the program has funds to help more than 3,000 homeowners.
1 month ago
Report: First-time homebuyers in Philly area need to make more to afford a starter home
High mortgage rates, overvalued homes, and low inventory continue to hurt renters looking to enter the housing market.
8 months ago
Listen 1:12‘It shouldn’t be this difficult’: Pa. homeowners desperate as mortgage aid struggles drag on
Pa. promised fixes for a troubled mortgage relief program. Months later, problems persist, new challenges have emerged, and thousands of homeowners are still waiting for help.
8 months ago
New data show Philly’s housing market is still in a tough place
Mortgage rates are still elevated. Home prices are still considerably higher than they were pre-pandemic. And inventory is low.
1 year ago
HUD Secretary Fudge highlights plans to extend housing assistance for borrowers in Delaware visit
Mortgage forbearance and other tools to help fend off foreclosure are being extended beyond its initial COVID restriction to help all eligible FHA borrowers.
1 year ago
Pa. takes over troubled mortgage relief program from contractor after complaints, backlogs
In an abrupt change, Pennsylvania’s struggling mortgage relief program will no longer work with the private company originally hired to run it.
1 year ago
First-time Philly home buyers feeling the pinch of historic mortgage rates and high prices
Like big cities across the country, Philadelphia’s housing market is feeling the impact of high rates, with potential first-time homebuyers being the hardest hit.
1 year ago
Data highlights racial disparities in mortgage lending at TD Bank in Philly region
Between 2018 and 2020, TD bank denied a higher percentage of Black applicants seeking residential mortgage loans than white applicants.
2 years ago
Murphy announces $10M for N.J. program to help homeowners facing foreclosure
The program allows N.J. to buy eligible homes that are up for foreclosure and help residents stay by working with them to afford their mortgages.
2 years ago
Skipped mortgage payments brought relief to N.J. homeowners, but for some the help is running out
The mortgage forbearance program allows homeowners to skip payments for 90 days, but some are told they have to pay up in a lump sum.
3 years ago
Listen 4:23