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 Land at 4-Month Low

September 25, 2015 1:24 am

Bankrate.com reports the 30-year fixed mortgage rate has retreated to 4.00 percent, the lowest level since late spring, with an average of 0.26 discount and origination points. At the current rate, the monthly payment on a $200,000 loan would be $954.83.

The 15-year fixed mortgage rate also fell, decreasing to 3.18 percent, along with the larger jumbo 30-year fixed mortgage rate, which dropped to 3.89 percent. Adjustable-rate mortgages (ARM) were also on the downswing – the five-year ARM slid to 3.19 percent, and the seven-year ARM sunk to 3.38 percent.

According to Bankrate.com, mortgage rates were the beneficiaries of increased jitters about the health of the global economy following the Federal Open Market Committee’s latest meeting. When the Fed opted not to initiate interest rate hikes, it sparked uneasiness in financial markets; nervous investors typically flock to safe-haven U.S. government bonds, to which mortgage rates are closely related.

Source: Bankrate.com

Published with permission from RISMedia.


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5 Fall-Inspired Color Trends

September 25, 2015 1:24 am

Is your home in need of a makeover? One of the simplest ways to refresh the look of your home is through seasonally-inspired décor.

“Fall is the perfect time to add color to your walls and update décor in your home, ahead of the busy holiday season,” says Julie Richard, Ace Hardware design expert. “Whether you’re looking to add a pop of color with a decorative statement piece, or apply a fresh coat of paint to a room that needs a lift, our advice will help you bring transformative updates to life during the most colorful time of year.”

Organic and timeless, autumn’s foliage lends itself to warm, neutral color palettes and vintage décor paired with deep greens and jewel tones, says Richard and colleagues Katie Reynolds and Nathan Fischer, also Ace design experts. The trio recommends updating your home with these color trends:

1. Green – Bring this trend to life in your home by painting a statement piece using a vibrant green, or by painting an accent wall in a muted olive tone.

2. White – Give your living room more depth and dimension with new baseboards (that are at least five inches high) in a creamy, opal white. To really transform the look of your space, paint the floor in a stark white.

3. Black – Dark furniture against white walls can help make a bold statement in an otherwise neutral space. Paint base cabinets or your favorite piece of furniture in a shade like black chiffon for a crisp, classic look.

4. Blue – Add doses of color in complementary shades, such as sky blue walls with orange accessories, to add character and flair to a room.

5. Pink – Don’t overlook the ceiling! Add a hint of blush to the ceiling to simulate the appearance of a slight glow.

Source: Ace Hardware

Published with permission from RISMedia.


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