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

Pest Prevention as Easy as 1, 2, 3

July 31, 2015 1:42 am

Pest prevention is a matter of homeowner diligence – establishing cleanliness habits and maintaining pest-prone fixtures regularly. According to the pest control experts at Assured Environments, pest problems can be avoided in three simple steps.

1. Establish Storage Habits – Keep all garbage in tightly sealed containers and empty trash receptacles regularly. Be diligent about safe food storage. Keep food items in sealed containers and never keep anything past its expiration.

2. Maintain Plumbing System – Keep all pipes in working order. Ensure there are no leaky patches in roofs and do not let water accumulate. Make sure toilets do not back up. Use dehumidifiers in basement storage areas.

3. Inspect Wood Structures – Termites and other small creatures are highly attracted to rotting wood. Ensure all wood structures on the property are well-maintained. Note any openings and seal them to stop small rodents and insects from entering.

Source: Assured Environments

Published with permission from RISMedia.


Mortgage Rates in Flux

July 31, 2015 1:42 am

According to Freddie Mac’s recent Primary Mortgage Market Survey ® (PMMS®), the average 30-year fixed-rate mortgage (FRM) ducked beneath four percent to 3.98 percent amid ups and downs on the home front and overseas.

The survey also indicates the average 15-year FRM declined to 3.17 percent, the 5-year Treasury-indexed hybrid adjustable-rate mortgage (ARM) moved down to 2.95 percent, and the 1-year Treasury-indexed hybrid ARM decreased to 2.52 percent

“Monday’s eight percent decline in Chinese stock prices triggered similar–though smaller–sell-offs in global equity markets,” says Freddie Mac Chief Economist Sean Becketti. “The associated flight to quality drove U.S. Treasury yields down nearly five basis points. Accordingly 30-year fixed-rate mortgages fell six basis points to 3.98 percent.

“Recent housing data exhibited the same good news, bad news pattern as overseas developments,” Becketti continues. “Coming into this week, existing-home sales for June and the latest FHFA house price measures both suggested a stronger tone in the housing market. However, this week brought nothing but bad–or at least weaker-than-expected–news. New-home sales and pending-home sales both weakened and the Case-Shiller house price indices, while positive, fell below the lower end of expectations. Finally, the inadvertent release of Fed staff projects increased uncertainty over the timing of future Fed rate moves.”

Source: Freddie Mac

Published with permission from RISMedia.