RE/MAX 440
John F. O'Hara

John F. O'Hara
731 W Skippack Pike  Blue Bell  PA 19422
Phone:  610-277-4060
Office:  215-643-3200
Cell:  267-481-1786
Fax:  267-354-6973

My Blog

Mortgage Rates Still Below 4 Percent

June 3, 2016 1:48 am

The average 30-year fixed-rate mortgage has ticked upward to 3.66 percent, according to Freddie Mac’s recently released Primary Mortgage Market Survey® (PMMS®)—a sub-4-percent rate close to a three-year low point.

“Since jumping 11 basis points on May 18, the 10-year Treasury yield has leveled off around 1.85 percent,” explained Sean Becketti, Freddie Mac’s chief economist, in a statement. “Mortgage rates continue to adjust to this new level with the 30-year fixed-rate inching up another 2 basis points this week to 3.66 percent.”

The average 30-year fixed-rate mortgage has an average 0.5 point, survey findings show. The 15-year fixed-rate mortgage averaged 2.92 percent (with an average 0.5 point), and the 5-year Treasury-indexed hybrid adjustable-rate mortgage averaged 2.88 percent (with an average 0.5 point).

“Recent statements by the Fed appear to have persuaded the market that a rate hike may come sooner than later,” continued Becketti. “However, the market is fickle, and [last] Friday’s employment report has the potential to swing opinion 180 degrees in the other direction.”

Source: Freddie Mac

Published with permission from RISMedia.


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7 Freelance Jobs That Pay Well

June 2, 2016 1:45 am

Freelancing has become a viable option in today’s high-cost business world, as more working people and stay-at-home parents supplement income with contract jobs. While many freelancers don’t make large sums of money – the average for professionals is between $25,000 and $75,000 – it can be enough to support a family on the high end, and allow for extras even on the low end. 
 
However, there are freelance positions that pay well - especially if you capitalize on your previous experience and training, say the editors at Kiplinger Magazine. It will take some salesmanship, and it may not be easy to find your first few gigs. The best paying freelance jobs are available in these fields, according to Kiplinger: 
 
Legal Work – If you are trained as a lawyer or paralegal, look into freelancing. Patent lawyers can demand $112 per hour, intellectual property lawyers up to $120 an hour, and even run-of-the-mill legal consulting pays about $70 an hour.
 
Marketing – If you have a marketing background, you can earn an average of $50 an hour creating brand strategies, utilizing social media and bolstering customer relationships. Find a company or career professional who likes what you do, and you could have a long-term, flexible job.
 
Photography – The competition is stiff, but if you have talent and build a portfolio that showcases your work, you can earn $2,000 or more to photograph a wedding or special event, and $100 an hour (or more) for portrait photography.
 
Programming – Computer programming can be done from anywhere. If you know how to program, and have experience and a portfolio, you can make about $60 an hour freelancing.
 
Recruiting – Use your human resources know-how to find strategic employees for big companies, many of which prefer to outsource the search. A good recruiter working part-time can earn as much as $46 an hour.
 
Translation – If you know two or more languages, there are translation gigs for you! Translating to and from Korean pays well, as does Spanish-English translation, but there are opportunities for almost every language combination. You can make between $25 to $40 an hour, depending on the task.
 
Writing – Good professional writers are in demand by many companies and publications. Find a specialty in a field you know and you can earn an average of $55 an hour.

Published with permission from RISMedia.


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