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

Expo: Hot Products for Outdoor Living

June 3, 2016 1:48 am

Kitchens outdoors, fires indoors.

That’s the takeaway from the HPBExpo, the largest outdoor living showcase in North America, hosted by the Hearth, Patio & Barbecue Association (HPBA) earlier this year.

For many household manufacturers, the Expo is an opportunity to unveil some of the industry’s latest innovations in heat-producing appliances for indoor and outdoor kitchens and on patios and decks.

The talk of the Expo this year? Hestan Outdoor grills and Dimplex electric products, both of which received numerous accolades at the event.

Anaheim, Calif.-based Hestan Outdoor captured two Vesta awards, given in the Gas Barbecue category and in the Outdoor Room Products category. The company’s high-performance grill features an easy-open hood, interior hood lighting, built-in rotisserie with spit storage and lasered, stainless steel grates.

Three-time winner Dimplex took home a Vesta, as well, for Best Electric Product. The company’s Opti-myst® Pro 1000, a cassette-style, linear electric fireplace with 360-degree viewing capabilities, can serve as a dividing wall between a bedroom and bathroom.

Expect these two innovations to crop up in new builds in the year to come, as well as in a home improvement store near you in the future.

Published with permission from RISMedia.


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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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