Chester County News and Community Website
HARRISBURG, PA — Pennsylvania Attorney General Dave Sunday has sued two western Pennsylvania men and six affiliated companies over an alleged rent-to-own housing scheme that left homeowners facing damaged credit …
Pennsylvania Sues Two Men Over Alleged Rent-to-Own Scheme Read More
HARRISBURG, PA — The Pennsylvania Housing Finance Agency raised approximately $478 million through a bond sale last week, securing new financing for mortgages and down payment assistance aimed at low- …
Pennsylvania Housing Agency Raises $478 Million for Mortgages Read More
U.S. homebuyers faced estimated monthly mortgage payments 74% higher in August than five years earlier despite putting more money down, underscoring how higher borrowing costs have overwhelmed the affordability benefit …
Mortgage Payments Jump 74% in Five Years as Rates Bite Read More
PHILADELPHIA, PA — Philadelphia-area renters pay an estimated $1,420 less per month than typical new home buyers, creating a $17,040 annual cost gap as elevated homeownership expenses continue to tilt …
Philadelphia Area Renters Save $17,040 a Year Versus Buyers Read More
WAYNE, PA — Radian Group Inc. (NYSE: RDN) is expanding access to its mortgage insurance pricing by integrating its Radian Guaranty Inc. quotes into Lender Price, bringing the insurer’s risk-based …
Radian Extends Mortgage Pricing Reach Through Lender Price Read More
The number of prospective U.S. homebuyers fell to a record low of 966,752 in July as higher mortgage rates and economic uncertainty weakened demand, leaving sellers outnumbering buyers by 51.3% …
U.S. Homebuyer Demand Hits Record Low as Seller Surplus Widens Read More
CHESTER COUNTY, PA — Chester County’s median home list price climbed above $649,000 in June as limited inventory and persistent buyer demand kept local prices rising faster than the national …
Chester County Home Prices Outpace U.S. Market in June Read More HARRISBURG, PA — The Pennsylvania Housing Finance Agency has launched a new statewide online homebuyer education course at no cost, replacing its legacy program with a bilingual platform designed to …
PHFA Expands Homebuyer Education With Free Online Course Read More
WASHINGTON, D.C. — The Department of Veterans Affairs has launched a new foreclosure-prevention program aimed at helping financially distressed veterans remain in their homes, implementing authority granted under legislation signed …
VA Launches Foreclosure Relief Program for At-Risk Veterans Read More A buyer purchasing the median-priced U.S. home with a standard 30-year mortgage will now pay more in interest than the home’s purchase price, underscoring how elevated borrowing costs continue to …
Mortgage Interest Now Exceeds Home Cost for Typical Buyer Read More