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Jan. 29, 2015

Jan 2015 Mortgage News

Jan 17th, 2015

Monday's pricing opened even stronger than last Friday but it looks like we are ending the week in a similar position as last Friday.  These are still 20 plus month lows in rates.  While I usually try to keep my market commentary short and sweet there is a lot going on that effects our market.

 The Federal Open Market Committee (FOMC) will vote at the end of the month to begin increasing interest rates sometimes this year

  • While we were hoping to see a rise in wages, reports have come out showing the opposite, wages have been going down.  Until we see a rise in wages we do not have the big indicator we are waiting for that shows our economic recovery.
  • Europe always has a connection to bonds, usually the more turmoil in Europe the better it is for US bonds (which means lower interest rates):  
    • The biggest news of the week was the Swiss National Bank reversed its policy of capping the Franc's value vs the Euro in reaction to the European Central Banks inevitable move to implementing Quantitative Easing (QE).  The Swiss Franc was where wealthy people held their money and in seconds people lost up to 40% of their money in the bank!
    • This sent the Euro to new 9 year lows.  For the most part, lower Euros correlate with lower bond yields.
    • Greece financial troubles again are coming onto the main stage, TBD after elections

Thank you for your support and have a great weekend!
?

·   Today's Rates.pdf

?Sincerely,

 

 Christina Perry

 

Mortgage Consultant

Trident Mortgage Company
109 34th Street
Ocean City, NJ  08226

609-464-0829 Mobile

610-650-5339 Fax

 

christina.perry@tridentmortgage.com

Jan. 15, 2015

Beachfront New Construction for Sale in Ocean City NJ

2609-11 Wesley Ave.

2609-11 Wesley Ave.

Are you looking for beachfront new construction for sale in Ocean City NJ? This Gold Coast beachfront new construction is a must see! The property has 5 bedrooms and 5 and a half bathrooms is the highest quality construction. Only a hop, skip, and jump to the beach and ocean. Pheonominal views from all rooms of the beach. This is one of the nicest homes developed on the island of Ocean City.

2609-11 Wesley Ave. Property Details

Posted in Property Reviews
Dec. 27, 2014

Beachfront Homes for Sale in Strathmere NJ

25 Williams Ave. Strathmere NJ

Are you looking for beachfront homes for sale in Strathmere NJ? This one of a kind beachfront corner property in Strathmere’s desirable Northend or “Point Area” has four bedrooms and two bathrooms. This beachfront home has a wrap around porch with views of the beautiful blue Atlantic Ocean. Located minutes from the Deauville Inn and Uncle Bills Pancake house making a great location for your summertime beach house retreat!

25 Williams Ave. Property Details Click Here

Posted in Property Reviews
Dec. 27, 2014

Bayfront Homes for Sale in Cape May NJ

23 Harbor Cove Cape May NJ

23 Harbor Cove Cape May NJ

Are you looking for unique bayfront homes for sale in Cape May NJ? This stunning five bedroom four bath home is located in the waterfront community at Cape May Village Harbor. Walking paths throughout the community lead to the tennis court and marina. Craftsman details and gorgeous hardwood flooring are specially noted. This home is open in design with windows that attract you to the spectacular harbor views. A must see!

23 Harbor Cove Property Details Click Here

Posted in Property Reviews
Dec. 27, 2014

Bayfront Homes for Sale in Avalon NJ

19 Flamingo Dr. Avalon NJ

19 Flamingo Drive Avalon NJ

Are you looking for bayfront homes for sale in Avalon NJ? 19 Flamingo Drive is located on prestigous Flamingo Dr. on a Avalon bayfront lagoon. There are five bedrooms with four bathrooms and a large gourmet kitchen that features beautiful cabinetry, two convection ovens, a Sub Zero double door refrigerator, five burner gas cook top range and a full size dishwasher. There is also a attached garage plus two boat slips for the avid boater. Many more amenities. Own your piece of the Avalon bayfront. A must see!

19 Flamingo Drive Property Details Click Here

Posted in Property Reviews
Dec. 27, 2014

Bayfront Homes for Sale in Wildwood Crest NJ

6712 Park Blvd. Wildwood Crest NJ

6712 Park Blvd. Wildwood Crest NJ

Are you looking for unique bayfront homes for sale in Wildwood Crest NJ? Then this beautiful bayfront home that was featured in multiple achitectual magazines and designed by Olivieri architects is a must see. The home has four bedrooms and three bathrooms and great views of Sunset lake along with the back bay. The home features a full basement containing a working wine cellar, 1000 bottle climate controlled wine room all hand carved out of natural stone. There is also a detached guest home that features, kitchen, living room, bedroom, full gym and 2 car garage and storage. There is so much to describe in detail that you just need to see it.

6712 Park Blvd. Property Details Click Here

Posted in Property Reviews
Dec. 27, 2014

Oceanfront Homes for Sale in Stone Harbor NJ

8800 First Ave. Stone Harbor NJ

8800 First Ave. Stone Harbor NJ

Are you looking for luxury oceanfront homes for sale in Stone Harbor NJ? Then 8800 First Ave. "The Chateau" is a Victorian style oceanfront home for you. Phenominal beachfront views make this six bedroom and five bathroom home a must see. Hear the waves crash of the beautiful Atalantic Ocean at "The Chateau". Less than a hundred yards from the beach and ocean. Closely located to great golf courses like Sand Barrins CC, Stone Harbor CC, Avalon CC, and Wildwood CC. Easy access on and off the island via Stone Harbor Blvd. Great location for your summer shore beach home retreat.

8800 First Ave. Property Details Click Here

Posted in Property Reviews
Nov. 14, 2014

Instant Home Valuation

Own a shore home?

before you speak to an agent...use our FREE Technology & find out find out what your home is worth in today's market.

 

 

Oct. 10, 2014

Monthly OC Sales Market Report

Check out the latest Sales market report for OCEAN CITY, NJ below

(click image or link)

FULL DETAILS CLICK HERE

 

 

Oct. 6, 2014

Mobile App-Berskhire Hathaway

- Just released our FREE Mobile App! 

Instantly View all home for sale from any phone-

  • GPS software allows easy map  & navigation while ON THE GO!
    -i phone, i pad, & android mobile devices

Works where Berkshire Hathaway is-EVERYWHERE!-and features every listing, every broker

http://mobile.foxroach.com/FR37706

 Cell Phone App